Islamic International Arab Bank sponsored the first scientific conference "Securitization and Riba Deceptions" in Ajloun National University Under the patronage of Sheik Abdul Kareem Al Khasawneh, General Mufti of the Kingdom, the Islamic International Arab Bank sponsored the First Scientific Conference titled "Securitization and Riba Deceptions" held in Ajloun National University and organized by the Business Administration College – Islamic Banking department between 18 and 19 of May 2012.
The conference was attended by a large number of specialized academics from various Arab, Islamic and foreign countries who delivered 19 scientific research exploring securitization and Riba deceptions. The conference also encompassed an elite of bankers specialized in Islamic banking who represent the Jordanian Islamic banks.
Mr. Iyad Asali, General Manager of the Islamic International Arab Bank, expressed his pleasure to sponsor this distinguished conference because it paved the way before thinkers and scholars specialized in Islamic banking to discuss the Islamic standards and limitations regarding securitization and the methods of avoiding Riba Deceptions in order to be compliant with the Islamic Sharia, to serve the clients of Islamic banking and to continue the Bank's mission in assuring lawful transactions.
In the specialized session he facilitated to discuss the comprehensive Islamic concept of Riba, funds of all kinds, and credit funds and their limitations, Mr. Asali asserted that the Islamic International Arab Bank followed a clear policy of conducting conferences and seminars to raise the awareness of clients of the Sharia compliant Islamic banking.