Sharica 101
In The Name of Allah
In The Name of Allah
Islamic Council of New England Conference on Saturday, Oct 17, 2009
24th Annual Conference
Theme: “Resurgence of Islamic Financing in the Wake of Global Financial Crisis”
Date: Saturday, Oct 17, 2009
Time: 8:00am to 8:00pm
Place: Boston University
College of Arts and Sciences, Room 522
725 Commonwealth Avenue
Boston, MA 02215
The Islamic Council of New England is one of the oldest and most respected Islamic organizations that actively works to improve the condition for Muslims living in the New England region. It also serves as an umbrella organization for the various masjids and Islamic cen-ters throughout New England which consists of Massachusetts , Rhode Island , Connecticut , New Hampshire , Maine and Vermont . We are proud to present this year’s conference on the timely topic of Islamic Financing. We invite all people to come participate in this exciting, practical and informative conference.
Program Agenda
8:00-9:00am Registration
9:00–9:05am Welcoming Remarks
By Syed Razvi, M.D., Conference Chair
Morning Session:
Moderator – Br. Taha Abdul Basser
9:05–9:15am Opening Remarks
By Taha Abdul Basser
Chaplain at Harvard University
Consultant for several Islamic financial orgs
9:15–10:00am Root Causes of Financial Meltdown By Charles Stromeyer
10:00–10:45am Avoiding Riba (Interest) and How To Make Our Financial Transactions Halal
By Shaykh Faraz Rabbani – Education Director of Seekers Guidance
10:45–11:30am Islamic Banking – How Does It Work?
By David Loundy, Director of Devon Bank
11:30-12:15pm Investing in the Stock Market in a Halal Way
By Monem Salam – Amana Mutual Fund (Saturna Capital)
12:15–1:00pm How to Invest in Muslim Small Businesses
By Taha Abdul Basser – Chaplain at Harvard University
1:00–2:15pm Zuhr Prayer and Lunch – Visit Exhibits
Afternoon Session:
Moderator – Br. Abdur Rehman Mohammad
2:15–2:45pm Home Financing using the Musharakah Milk Method
By Aijaz Hussein – National Sales Manager, Guidance Residential
2:45–3:15pm Sharika 101 – Home Ownership Opportunity for the Lower Income People
By Kenneth Finn Esq.
3:15–3:45pm Commercial & Small Business Financing
using the Ijara Method By Shoeb Sharieff – President, Ijara Loans
3:45–4:15pm Asr Prayer & Break – Visit Exhibits
4:15–4:45pm Is Insurance Halal? – Is Life, Home, Car,
Business Insurance Permissible? by Shaykh Faraz Rabbani – Education Director of Seekers Guidance
4:45–5:15pm Availability of Islamic Financing in
New England Over the Next 5 Years
Panel: David Loundy, Monem Salam, Aijaz Hussein and Shoeb Sharieff
5:15–6:00pm ICNE Report and Recognition of Imams
6:00–7:00pm Magrib Prayer & Break – Visit Exhibits
7:00– 8:00pm Dinner
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