LOC16:33
13:33 GMT
continues
KUWAIT, Nov 24 (KUNA) -- The second "fiqh" (jurisprudence) conference for
Islamic financial institutions wrapped up its sessions today and would resume
tomorrow.
The conference will discuss tomorrow how to determine wages and
applications in labor contracts and contemporary leases, in addition to the
leasing of gold and silver through a lease contract that is preconditioned to
be owned afterwards.
In the morning session today, Sheikh Abdul Sattar Abu Ghoddah spoke about
the difference between the protection of capital and its guarantees, in
addition to
the types of investment risks, including those related to assets, impediments
to capital and currency at different currency amounts and Bonds and the
currency obtained by conversion of employment.
He added that risks facing investments include credit risks, market risks,
risk of inflation and risks of contract formulas.
The conference, due to end on Sunday, addresses various economic and
financial issues in light of the Islamic jurisprudence. (pickup previous)
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KUNA 241633 Nov 07NNNN