Islamic Microfinance Panel, Istanbul, 24 November 2017

The 7th Global Islamic Microfinance Forum held during 5th OIC Halal Fair and World Helal Summit was held on November 24, 2017 at the Istanbul Congress Center.

Speaking at the panel, Ali Kurt, the Secretary General of the Union of NGOs of the Islamic World (UNIW), said, “Debting in our world to help people do business is a much more important and priority issue than giving unrequited help. In this context, I believe that microfinance as in Hindon-Pak and Asian-Pacific countries to be studied by humanitarian in Turkey”. He said there is a lot of work that we have to do on the axis of becoming a single nation and one nation, and we are obliged to this by the necessity of this nation and the ummah,” he said.

Global Humanitarian Assistance report based on 2017 data, Turkey’s $ 6 billion of humanitarian aid budget to the world’s most humanitarian aid to the second country Kurt stating that position, made a gross national product of humanitarian aid (GDP) relative to pointed out that Turkey is the world leader.

UNIW Secretary General Ali Kurt said: “Syria and Yemen axis in a conjuncture that we are facing very serious difficulties that we accept around 5 million visitors in Turkey especially want to draw attention. Turkey’s humanitarian aid beyond the open door, serious issues in our brothers and sisters who are in difficult situations by applying open-heart policy is to have hosted a note-deducted date. Turkey is an important reference that shows the importance we attach to the spirit of brotherhood is the axis around Syria, especially in recent years, his $ 25 billion in total aid. Although Turkey is making a very serious effort on humanitarian aid, microfinance, unfortunately, our country is not a widely used instrument. However, promoting production, teaching people how to fish, giving them this opportunity should be a priority over fish. We hereby announce that we will organize the International NGO Fair on 9-10 December as UNIW and we will discuss microfinance there.

Yousaf Junaid, Pakistan’s Consul General in Istanbul stressed that the world is fighting poverty and that poverty has many effects on people. Junaid, “The modern banking system is now cracking, the system based on the fiasco is collapsing. World organizations such as the World Trade Organization (WTO), the World Bank and the International Monetary Fund (IMF) have not been able to solve the problems of humanity.”

In the session, Ihsan Övüt, President of the Turkish Standards Institution (TSE) Education Department and al Huda CIBE Manager Zubair Mughal made a presentation on the importance of microfinance in the Islamic world.

In the event titled “Science, Health and Halal in Daily Life” organized by the event, scientists took the concept of pharmaceutical industry and halal.

Dr. Ali Sheikh Wace Alchwis said that the global biological drug market is worth $ 200 billion and that the proportion of drugs made entirely of halal components is very low. Noting that non-halal routes were also used to supply medicinal ingredients, Alchwis said, “So far, a company that produces halal culture material has not come out of the picture. This is a giant field, but unfortunately, there is no company that started producing halal medicines. “

Selangor University Instructor Mohamad Ropaning Sulong said that some enzymes are not halal because of the source and that thermostable enzyme separation can be used for food processing. “In fact, these substances can be taken with halal routes from cows, goats and chickens, but unfortunately most pigs are being used in the modern pharmaceutical industry,” says Sulong, who supplies many countries with pig-derived enzymes. In addition to this, many enzymes can be taken from fruits and vegetables but this method is not preferred because it takes time. My suggestion is that the enzymes obtained from the bacteria are used more. “

Health Sciences University (SBU) Professor of Dentistry Faculty. Dr. Fatih Gültekin gave information about the additives used in the sector in the presentation he made at the session. “One consume an additive as much as his average weight throughout life without being aware of it,” Gültekin said.

Gültekin stated that food additives are used in various forms and that some additives can cause diseases such as cancer, allergy, hyperactivity, migraine and obesity if they are used too much.

Gültekin pointed out that alcohol is used as an aroma solvent in some beverages, pointing out that they are not halal and should be taken care of.

The summit, which ended on Saturday, dealt with the halal issue of the panelists organized by various industry experts.