International Guest Lecture: Zakky Fahma Auliya, M.M., Delivers Lecture on “Introduction to the Islamic Stock Market” at Fatoni University, Thailand

FEBI News| Pattani, Thailand – (29 September 2024) Zakky Fahma Auliya, M.M., a distinguished lecturer from the Faculty of Islamic Economics and Business (FEBI) at UIN Raden Mas Said Surakarta, delivered a compelling international guest lecture on the topic “Introduction to the Islamic Stock Market: Principles, Practices, and Global Perspectives” at Fatoni University, Thailand. The event, held on 29 September 2024, was attended by students from various countries, including Thailand, Malaysia, and Indonesia.

In this highly anticipated lecture, Zakky Fahma Auliya introduced the foundational concepts of the Islamic stock market, emphasizing its distinct principles rooted in Islamic law (Shariah). He explained how Islamic stock markets operate based on ethical guidelines that prohibit elements such as riba (interest), gharar (excessive uncertainty), and maysir (gambling), while promoting investments in industries and activities that align with Islamic values.

Participants from Thailand, Malaysia, and Indonesia showed great enthusiasm as they engaged in discussions on how Islamic financial markets differ from conventional markets and how these markets can contribute to the development of ethical and socially responsible investing.

Global Participation and Engagement
The lecture attracted a diverse audience of students and academics, fostering a rich dialogue on the growth of Islamic financial markets in Southeast Asia. The presence of students from multiple countries added an international dimension to the event, promoting cross-cultural learning and exchange of ideas.

Throughout the session, Zakky Fahma Auliya highlighted key case studies from various countries, demonstrating the growing global impact of Islamic finance. He also explored the challenges and opportunities faced by Islamic stock markets in the modern financial landscape, providing insights into their potential for expansion and contribution to sustainable development.

Fostering International Collaboration
This guest lecture is part of a broader collaboration between UIN Raden Mas Said Surakarta and Fatoni University, aimed at enhancing academic exchange and strengthening the understanding of Islamic economics and finance across borders. The event reflects both institutions’ commitment to fostering international cooperation in the field of Islamic economics and business.

By the end of the session, participants expressed their appreciation for the valuable knowledge shared, emphasizing the importance of understanding Islamic financial principles in today’s globalized economy. Zakky Fahma Auliya’s expertise and dynamic presentation made the lecture a memorable experience for all attendees.

This international guest lecture marks another milestone in the growing academic partnership between UIN Raden Mas Said Surakarta and Fatoni University, contributing to the development of Islamic financial literacy among students from diverse backgrounds.