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|About||The foundation of the Islamic University, Islamabad was laid on the first day of the fifteenth century Hijrah i.e. Muharram 1, 1401 (November 11,1980).|
|Mission||The mission of the Academy is to promote Islamic legal philosophy and the Islamic concept of justice through the training of judges, attorneys, prosecutors, lawyers, and legal professionals, who operate the judicial system of the country, as well as through producing the appropriate literature to enhance the proper understanding of the Islamic Shari’ah. The Academy aims at preparing the judicial and extra-judicial personnel and creating awareness about the Shari’ah knowledge to reflect the aspirations of the people as well as constitutional imperatives of Pakistan towards the modern understanding of Islamic laws. The Academy extends its training programme to develop expertise to other friendly countries and coordinates exchange of training facility.|
|Description||The foundation of the Islamic University , Islamabad was laid on the first day of the fifteenth century Hijrah i.e. Muharram 1, 1401 (November 11,1980). This landmark of the beginning of the new Century symbolizes the aspirations and hopes of the Muslim Ummah for an Islamic renaissance. The desire to produce scholar and practitioners, imbued with Islamic Learning, character and personality, and capable to meet the economic, social, political, technological and intellectual needs of the Muslim Ummah was the reason deter of this University. The University is located around the domineering Faisal Mosque, a symbol of International Islamic brotherhood and unity. The Mosque is spread over an area of 189,705 square meters.|
1420H ISLAMIC DEVELOPMENT BANK AWARD
IN ISLAMIC BANKING TO THE INSTITUTE
It has been indeed an occasion of extreme joy and pride that the Institute’s contributions to the development of Islamic Economics and Banking have been accordingly recognized. The Islamic Development Bank has, in recognition of Institute’s significant contributions, awarded the 1420H Award in Banking to the Institute. The award comprised of a sum of US $ 40,000/-, which will further help in diversifying Institute’s potentials in research, training and teaching. It is envisaged and hoped that the award will serve as a resource of great strength and shall go a long way in achieving the national objectives of Islamization of the economy and the banking system in Pakistan. The award, which is indeed an honour for the Institute, the university and Pakistan, is a reflection of very prudent and objective utilization of the public funds which have been entrusted to the Institute by the generous benevolence of the Government of Pakistan under the patronage of the International Islamic University.
While conferring the prize, The IDB President Dr. Ahmad Muhammad Ali enlightened the criteria for the award as under:
The Selection committee for the Annual Prize for the Year 2000, which consisted of eminent scholars from around the world, decided to award the IDB Prize (in Islamic Banking) for the Year 2000 to International Institute of Islamic Economics of the International Islamic University, Islamabad.
The Selection of the IIIE for the Award is:
In recognition of the leading efforts that the IIIE made towards the application of basic concepts of Islamic financing.
In appreciation of the contribution of the IIIE towards developing the subject on scientific basis.
In appreciation of the Institute’s leadership role for developing the areas of Islamic Banking, Islamic Economics and Islamic Finance through teaching, research and training programmes.
In recognition of the valuable services rendered by the