Representatives of the banking and financial sector of Uzbekistan upgraded their qualifications by participating in the “Islamic Banking Window” training and practical program, organized by the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS), reports Dunyo IA.
Ambassador of Uzbekistan Karomiddin Gadoev, noted that on the initiative of the Head of State, large-scale reforms to introduce Islamic finance have been launched in the country, and the adoption of the relevant law this year marked a turning point in the development of this sector. He highlighted three key advantages of the Malaysian experience: the parallel functioning of conventional and Islamic banking systems under a single regulator, centralized Shariah oversight through a single board under the Central Bank and the “Islamic window” model, which allows for the launch of Islamic financial services without establishing separate banks.
Dr. Muhd Ramadhan Fitri, Deputy Chief Executive Officer of “Maybank Islamic Berhad”, noted Uzbekistan's steps in this sector and expressed readiness to provide practical and technical support in establishing “Islamic windows” and financial infrastructure.
Head of ASAS, Makhtar Abdullah, remarked that the seminar participants had acquired advanced knowledge in the areas of Islamic finance instruments, Shariah governance and the organization of “Islamic windows” in commercial banks. Such programs, as noted in the publication, serve as a foundation for elevating Uzbek-Malaysian financial cooperation to a new stage.
On the initiative of the Embassy of Uzbekistan in Pakistan, jointly with the Babur International Public Foundation, a visit of a delegation of Uzbek historians and Babur scholars took place, reports Dunyo IA.
Purpose of the trip is to study the historical and cultural heritage of Babur and the Baburids, historical sources, manuscripts, exhibits and artifacts preserved in Pakistan, as well as to develop scientific and cultural cooperation between the institutions of the two countries.
In Lahore, the delegation visited the Lahore Museum, Islamic Gallery, research institutions and historical monuments of the Baburid era. Issues of scientific and academic cooperation were discussed with the leadership of the University of the Punjab. Jointly with the Baburid Heritage Center at the university, a scientific and practical conference dedicated to the 500th anniversary of the Baburid dynasty was held.
In Islamabad, the Uzbek scholars visited the National Language Promotion Department of Pakistan, Quaid-i-Azam University, Allama Iqbal Open University, National Library of Pakistan and a number of scientific institutions, where they familiarized themselves with manuscripts, exhibits of the Baburid era, and other historical sources.
Delegation was also received by the Coordinator General of the OIC Standing Committee on Scientific and Technological Cooperation (COMSTECH), Muhammad Iqbal Choudhary.
The sides discussed deepening the study and preservation of the Baburid heritage, as well as its popularization within scientific circles and among the general public. An agreement was reached to hold a representative international scientific and practical conference.
The main event of the visit was the conference titled “Zahiriddin Muhammad Babur: Shared Civilizational Heritage and a Bridge of Uzbek-Pakistani Relations”.
Conference was attended by Farah Naz Akbar, Parliamentary Secretary for the Ministry of National Heritage and Culture of Pakistan; Alisher Tukhtaev, Ambassador of Uzbekistan; Ramzan Mughal, Head of the Babur Forum in Pakistan; as well as historians, Babur scholars and young researchers.
Participants emphasized the importance of the joint study of the historical and cultural heritage of Babur and the Baburids and the development of scientific ties between Uzbekistan and Pakistan.
As part of the further program of the delegation, research on a number of historical monuments of the Baburid era in the Punjab province is scheduled.