In recognition of his lifelong contributions to the Islamic banking industry, Kuwait Finance House–Bahrain (KFH-B) hosted a dinner at the KFH Club in honour of Dr Abdul Sattar Abu Ghuddah, the prominent Islamic scholar.
The dinner was attended by Abdulhakeem Alkhayyat, the Managing Director and CEO of KFH-Bahrain and other senior officials in the Bank.
Dr. Abdul Sattar Abu Ghuddah is currently the Sharia’a Advisor and Director of the Department of Financial Instruments at Al-Baraka Investment Company, Saudi Arabia. He holds several degrees in Islamic Law from different universities including Damascus University and Al Azhar University in Cairo where he obtained his PhD in Islamic Law. He is an active member of the Islamic Fiqh Academy in Jeddah and the Accounting and Auditing Organization for Islamic Financial Institutions. Dr. Abdul Sattar teaches Fiqh, Islamic studies and Arabic in Riyadh and has performed the valuable task of researching information for the Fiqh Encyclopaedia complied by the Ministry of Awqaf and Islamic Affairs in Kuwait. Dr. Abu Ghuddah is a member of the Shari’a advisory committees for leading Islamic banks. He wrote numerous books and articles on Islamic economy, finance and banking.
“We are proud to host a scholar such as Dr. Abdul Sattar Abu Ghuddah who has shown that dedication and consistent effort can make a difference. He is a living and a shining example of a real Islamic scholar,” Abdulhakeem Alkhayyat, added.
“With his superior intellect he has contributed to helping the development of the Islamic banking industry and has raised awareness about its positive impact of individuals and economies at large. Our gathering today is in recognition of his efforts and spirit, which seeks to challenge, question and find the path to solutions that make life better. We believe his knowledge and insights will continue to be invaluable in shaping policies, standards and fatwas not only in the region, but worldwide.”