StanChart Saadiq holds ‘Living Islam’ session

Standard Chartered Saadiq Bangladesh recently hosted the fourth session of its "Living Islam" series, titled "Islamic Perspective on Wealth Creation, Accumulation, and Distribution."

Yousuf Sultan, a member of the Shariah Committee of Standard Chartered Saadiq Malaysia, led the session and shared his knowledge on the topic, said a press release.

Sultan, who is a life-long learner and renowned scholar, commented on the importance of viewing financial matters through an Islamic lens.

"The ultimate ownership of wealth belongs to Allah SWT, while human beings are just trustees. Hence, a believer must adhere to Islam in regard to how one earns, and where and how one spends it. Islam encourages wealth accumulation through work and business and discourages being idle," he said.

As a part of the series, Standard Chartered Saadiq organised a webinar styled "Learnings from Ramadan – the month of reflection," earlier in April 2022.

The platform previously hosted sessions on the topics of "Business Ethics" and "Understanding how Sadaqah can be an Islamic response to a pandemic."

Naser Ezaz Bijoy, chief executive officer of Standard Chartered Bangladesh; Sabbir Ahmed, managing director, Khurram Hilal, chief executive officer of Islamic Banking of Standard Chartered, and Ali Allawala, head of Islamic Banking of Standard Chartered UAE, were present.