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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
\nsupervision sectors across Africa, Asia and the Middle East. Dr. Idris has
\nparticipated in various working groups for the issuance of shariah
\nstandards 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.
\nDr. Idris holds a Ph.D. in Islamic Banking and Finance from the
\nInternational Islamic University Malaysia, and a Master Degree in
\nComparative Laws from the same university. He is a Certified Shariah
\nAdvisor and Auditor by the Accounting and Auditing Organization for
\nIslamic Financial Institutions (AAOIFI), He is also a member of the
\nMalaysian Chartered Institute of Islamic Finance Professionals (CIIFP). Dr. Idris is a known Islamic banking and finance consultant, and has been
\nactive in providing Islamic finance training and consultancy to charity
\norganizations, businesses and Islamic banks. He also has a number of
\npublications on Islamic banking, sukuk and, shariah compliant modes of investment.
\nIn addition to these corporate engagements,<\/p>\n
Dr. Idris has also held the<\/p>\n
positions of Associate Professor of Islamic Banking and Finance<\/em><\/strong><\/p>\n 1. Jeddah International College, K.S.A. 2.Umm Al-Qura University K.S.A;<\/p>\n 3. Effat University K.S.A;<\/p>\n 4. Islamic University of Minnesota U.S.A;<\/p>\n 5.International Islamic University Malaysia,<\/p>\n 6.Almadina International University Malaysia<\/p>\n 7. International Centre for Education in Islamic Finance (INCEIF)<\/p>\n An abstract on one of the most<\/p>\n popular Islamic Finance Instruments: The Sukuk<\/em><\/strong><\/p>\n For the past few decades, Islamic finance has imposed itself as a viable alternative \/ complementary system 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…<\/p>\n","protected":false},"author":1,"featured_media":1061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[5,6,7],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.tiyoma-trade-tourism.com\/en\/wp-content\/uploads\/2022\/08\/IMG-20220829-WA0002.jpg?fit=720%2C702&ssl=1","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/posts\/211"}],"collection":[{"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/comments?post=211"}],"version-history":[{"count":6,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/posts\/211\/revisions"}],"predecessor-version":[{"id":1135,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/posts\/211\/revisions\/1135"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/media\/1061"}],"wp:attachment":[{"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/media?parent=211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/categories?post=211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tiyoma-trade-tourism.com\/en\/wp-json\/wp\/v2\/tags?post=211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nto the long existing conventional financial system. Nevertheless, recent research has claimed that Islamic
\nfinance 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),
\nGross Capital Formation (GDP) and trade activities. The data covers not only GCC (Gulf Cooperation
\nCouncil), but also other countries including Malaysia, Indonesia, Turkey, Pakistan, Singapore, China,
\nBrunei, Kazakhstan, Germany, United Kingdom (UK), The Gambia and France. The data were collected
\nfrom the Islamic Finance Information Services (IFIS) and the World Bank databases, and were
\nsubsequently analyzed through Toda and Yamamoto Granger Non Causality test. Accordingly, the findings
\nindicated that the Sukuk issuance had an influence on the GDP and GCF only when all the countries were
\npulled together, otherwise no effect was identified for Saudi Arabia and the Gulf<\/p>\n","protected":false},"excerpt":{"rendered":"