Islamic Philanthropy and Islamic Capital Market Integration

Islamic Capital Market if deployed effectively have a far-reaching effect on the poor and vulnerable in the country. Fathurrahman Azhari, Dean of FEBI UIN Antasari, made the opening remark while speaking on National Seminar of Islamic Capital Market (28/08).

Speaking on a virtual platform, Azhari stressed the importance of  integration of Islamic philanthropy and Islamic capital market in mediation between charity and zakat fund providers. He noted that intergration can play the role of intermediary amongst funds designed to reduce poverty and government agencies equally committed to reducing indigency.

Azhari suggested the need for innovative-collaborative approaches to Shariah-compliant market instruments. “The cooperation will drive the initiative to strengthen Islamic capital market. With this integtarted approach, we can see the gap, or progress of our program,” Azhari said.

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