The opening ceremony and the event of the 15th International conference of the college of Sharia and Islamic Studies at the University of Sharjah has been launched on Tuesday April 16, 2019 in presence of His Highness Sheikh Dr. Sultan bin Al Qasimi; a Member of the Supreme Council of the United Arab Emirates, Ruler of the Emirate of Sharjah, and President of the University of Sharjah. His highness has honored token of appreciation to the keynote speakers: His Eminence Sheikh Dr. Ahmad Abdul Aziz Al Haddad, Chairman of the Higher Sharia Authority (HSA) for financial and banking activities of the Central Bank of the UAE, and His Eminence Dr. Osaid Mohammed Kailani, Member of the Shari'a Council of the Accounting & Auditing Organization for Islamic Financial Institutions, AAOIFI.
The conference is entitled "Virtual Currencies under Evaluation", and it aims at shedding light on the phenomenon of the so called electronic cash and provide a platform of studies, analysis, surveys and examination for the experts, specialists and researchers from various fields of studies; such as Law, Sharia, Economic, and Engineering to clarify the concept of digital currencies, its functions and roles, pros and cons and to evaluate it, accordingly.
The event was started with a recitation of the Holy Qr'an read by the Imam Adel Hamid Sharaf, followed by the Chancellor forward and welcoming speech. He expressed his deep appreciation and gratitude to His Highness Sheikh Dr. Sultan bin Al Qasimi; a Member of the Supreme Council of the United Arab Emirates, Ruler of the Emirate of Sharjah, and President of the University of Sharjah for endless and nonstop supports and instructions. He has also passed a word of thanks to the organizing college, the college of Sharia and Islamic studies under leadership of its dean; Prof. Awad Al- Khalaf.
A related point to consider is that the even focuses at its first day on the following theoretical framework correlated to the reality and concept of the virtual currency, its legality as well as technical applications of it. Two main themes remain for further discussion to the second day of the conference.