Sunday, 2 Dhul-Qa‘dah 1447 AH | April 19, 2026

The Faculty of Sharia and Law at Al-Ahgaff University concluded the activities of the joint International Scientific Conference “Emerging Issues in Deferred Sales (Bayʿ al-Ājāl)”, which was held in collaboration with the ISRA Institute, affiliated with INCEIF University (Malaysia). The conference coincided with the 30th anniversary of the University’s establishment.

The closing session commenced with a recitation from the Holy Qur’an, followed by a recorded address by Professor Abdulrahim Adam Mohammed Suleiman, in which he discussed a number of issues related to contemporary financial transactions. He emphasized the necessity of referring such matters back to the overarching principles and objectives of Islamic law, linking modern financial developments to established legal foundations that ensure justice and safeguard rights.

This was followed by a speech from Professor Sadiq Omar Maknoon, Vice President of Al-Ahgaff University, who praised the conference for its high-quality research papers and distinguished scholarly contributions. He highlighted the importance of the conference in grounding contemporary financial issues within Islamic jurisprudence, keeping pace with emerging developments, and underscoring the role of academic institutions in addressing the challenges facing Islamic finance by offering well-regulated, Sharia-compliant solutions aligned with real-world needs.

Subsequently, Dr. Abdulrahman bin Abdullah Al-Saqqaf presented the conference’s decisions and recommendations. The final statement emphasized several key points, including activating the role of Sharia supervisory boards in financial institutions, giving greater attention to the study of Bayʿ al-Dhimmah (sale of liability), and developing Sharia governance frameworks in crowdfunding platforms. It also stressed the importance of strengthening Sharia compliance, governance, and documentation in deferred sales transactions to ensure the protection of rights and the regulation of financial dealings.

Professor Saeed Bouheraoua, representing the international partner, delivered a speech expressing his appreciation for the excellent organization and the depth of scholarly discussions. He commended the serious academic engagement witnessed during the conference and affirmed ISRA Institute’s aspiration to further strengthen academic and research collaboration with the Faculty of Sharia and Law at Al-Ahgaff University through future joint initiatives.

The concluding remarks featured a keynote address by Al-Habib, the eminent scholar Habib Omar bin Mohammed bin Hafiz, who emphasized the grave prohibition of usury (riba), the necessity of establishing financial transactions on justice, safeguarding rights, and maintaining proper documentation. He stressed that true strength in financial dealings is derived from adherence to the methodology of Allah and His Messenger (peace be upon him), and that sound financial conduct is inseparable from sincere intention and proper compliance with Islamic principles.

The session continued with a poetic recitation, followed by the closing ceremony, which included honoring supporting entities, organizing committees, and participating researchers from within Yemen and abroad, in recognition of their contributions to the success of this international academic event.

The conclusion of the conference reflected the distinguished scholarly participation, rigorous discussions, and fruitful academic partnership that characterized its proceedings. It reaffirmed the importance of continuing research on contemporary issues in deferred sales, as well as other matters relevant to the needs and realities of the Muslim community, which require further in-depth scholarly inquiry.