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إستعدادا لاستقبال العام الدراسي لطلاب المدارس … هذا المهرجان يقدم أهم العروض والهدايا و تسهيل مهام الاسر في تجهيز احتياجات ابنائهم الطلاب في مختلف مراحل الدراسة المدرسية و تحقيق رغبتهم بالاستعداد الجيد للعام الدراسي .

Dr. Umar Mohammed Idris, is the Founder and CEO of Tiyoma for Islamic Banking and Finance consultancy, has over 20 years combined experience in the private, academia, as well as in the financial services regulation and
supervision sectors across Africa, Asia and the Middle East. Dr. Idris has
participated in various working groups for the issuance of shariah
standards for Islamic financial institutions. He has also been involved in the development and drafting of standards, guidelines and frameworks for academic and financial institution, as well as supervision and regulation of Islamic finance for various countries.
Dr. Idris holds a Ph.D. in Islamic Banking and Finance from the
International Islamic University Malaysia, and a Master Degree in
Comparative Laws from the same university. He is a Certified Shariah
Advisor and Auditor by the Accounting and Auditing Organization for
Islamic Financial Institutions (AAOIFI), He is also a member of the
Malaysian Chartered Institute of Islamic Finance Professionals (CIIFP). Dr. Idris is a known Islamic banking and finance consultant, and has been
active in providing Islamic finance training and consultancy to charity
organizations, businesses and Islamic banks. He also has a number of
publications on Islamic banking, sukuk and, shariah compliant modes of investment.
In addition to these corporate engagements,

Dr. Idris has also held the

positions of Associate Professor of Islamic Banking and Finance

1. Jeddah International College, K.S.A. 2.Umm Al-Qura University K.S.A;

3. Effat University K.S.A;

4. Islamic University of Minnesota U.S.A;

5.International Islamic University Malaysia,

6.Almadina International University Malaysia

7. International Centre for Education in Islamic Finance (INCEIF)

An abstract on one of the most

popular Islamic Finance Instruments: The Sukuk

For the past few decades, Islamic finance has imposed itself as a viable alternative / complementary system
to the long existing conventional financial system. Nevertheless, recent research has claimed that Islamic
finance as it is currently practice, does not promote economic growth. Hence, the objective of this study is to empirically test this claim, by examining the potential effect of Islamic finance in the specific form of Sukuk issuance on the economic growth represented by three proxies, namely, Gross Domestic Product (GDP),
Gross Capital Formation (GDP) and trade activities. The data covers not only GCC (Gulf Cooperation
Council), but also other countries including Malaysia, Indonesia, Turkey, Pakistan, Singapore, China,
Brunei, Kazakhstan, Germany, United Kingdom (UK), The Gambia and France. The data were collected
from the Islamic Finance Information Services (IFIS) and the World Bank databases, and were
subsequently analyzed through Toda and Yamamoto Granger Non Causality test. Accordingly, the findings
indicated that the Sukuk issuance had an influence on the GDP and GCF only when all the countries were
pulled together, otherwise no effect was identified for Saudi Arabia and the Gulf