In the last 50 years, Islamic banks and financial institutions have been very successful, with assets and investments expected to reach $ 3.4 trillion (1.5% of total global assets) at the end of 2018, with growth rates of 15% and 20% per year. Experts and researchers in the Islamic economy said that 96% of traders with Islamic banks and financial institutions pushed them to deal with them as Islamic institutions, pointing out that the world witnessed great economic events, which made the competition more evident Islamic financial institutions and traditional financial institutions, which necessitates the development of innovative financial products , Which guarantees the Islamic financial institutions a market share and Arava helps them to continue. This came during their participation in the sessions of the first conference of the European Academy of Finance and Islamic Economics “Ivy”, which opened Monday in Istanbul and lasts for two days and attended by ” Al – Nada Newspaper “Under the title:” Islamic banks explained the founders’ thought and reality of application. ” They pointed out that the challenges faced by Islamic banks led them to deviate from one of the most important objectives for which they were established. It is to contribute to economic and social development based on their adherence to the principles and rules of Islamic Sharia. Islamic banks have shifted from long-term investment to short- In search of liquidity and profitability. Read also: Large demand for Islamic banking in Germany “The follow-up of the practical reality of the work of Islamic banks shows that some employees in Islamic financial institutions have irresponsible practices, such as the concealment of actual records and records of investment activity, the unrealistic arguments of a project failure, and the lack of commitment of employees in Islamic financial institutions With good Islamic approach and behavior, and this is what motivates some who are keen on Islamic banking to conduct campaigns questioning them. ” They stressed that technological progress and capital flows across continents and beyond the local borders put the Islamic banking business in front of new external challenges, the most important of which may be the clearance of financing activity with its inherent risks, internal challenges related to human resources, legal supervision and the absence of a financial market Islami. Read also: A conference in Istanbul discusses the reality and future of Islamic banks Ink on paper The Islamic finance and economics professor at the University of Istanbul Sabahuddin leader, Ashraf Dawaabah, in his paper entitled: “Islamic banks explained the jurisprudence of the parents of theorists and the reality of application,” Murabaha in Islamic banks have become a substitute for credit on the output side, On the input side, thus turning Islamic banks into a picture similar to commercial banks. He continued: “It became worse by resorting to some Islamic banks to the application of organized banking tawarruq, which reflects the trend of some of the current theoreticians and implementers to walk in the banks of traditional banks and enter into the tunnel of jurisprudence scam schemes, and the role of social hopes of these banks are in general closer to the deadlock of mobility Hoped “. He pointed out that “the ability of Islamic banks to contribute effectively to economic development, which was created for them, has become a dead letter, and the concepts of settlement and construction are absent, and focus on the senior customers master position, and replaced the status of the client and social status of the feasibility of the project as is the case In traditional banks. ” “And their ability to contribute effectively to social development is marginal, there is no place to take into account the Islamic priorities in investment necessities and needs and improvements, and the tendency of senior customers at the expense of young people is remarkable, and overcome the profitability of everything, and its role in giving In general, good loans have become forgotten, and the zakat funds have been reduced, ineffective, and often absent. The term social responsibility has become the closest to appearance. Read also: These are the reasons why customers are reluctant to deal with Islamic banks Social role The Islamic economy expert pointed out that “Islamic banks are not charitable societies, but at the same time charitable work is part of their fabric. Hence, it is important to activate the social role by benefiting from the zakat of the shareholders and zakat and depositors’ depositors who are delegated to the bank. In light of the absence of the absent state in collecting and spending zakat. ” He added: “The responsibility of the intelligence should not be absent either by activating good loans towards micro-enterprises and people of need in society, as well as taking into account Islamic priorities, and the construction of new men and women entrepreneurs in the community.” “The experience of Islamic banks revealed the existence of a great shortage of methods and tools suitable for nature and enable them to carry out their new functions, was the result that the experience reached the way of tradition in many of its practice, and increased the depth of this problem the lack of jurisprudence and technical innovation in These banks. ” He warned of the weakness of serious and real contribution in the process of theorization accompanying the march of these banks, stressing that it does not contract with the importance of experience and the volume of funds entrusted to it. “Even some of the theories of the theory at the moment relied on developers from within the banks lacked legal education, neglected the role of specialized academics, and sculpted loyalists, the result was only the birth of distorted products established the jurisprudence of misguided tricks in the name of financial engineering. Read also: Al-Qara Daghi to Al-Nada newspaper: The coup aborted a project to eradicate poverty in Egypt investing money He stressed that the experience of Islamic banking deviated from the practical application of the theoretical model assumed in terms of the relative importance of the investment formulas on which these banks to employ their financial resources. He explained: “Instead of the adoption of these banks mainly on the method of participation, which reflects more than other private investment nature of Islamic banks, preferring the method of Murabaha and Tawarruq organized bank, and the result of the inability of these banks to fulfill many of their responsibilities and inability to achieve Development goals. ” He added: “The role of these banks was not consistent with the need to work on the embodiment of some Islamic standards and values in work and production, such as sheep and sheep, and work basis of production, and use of money to achieve the benefit of the nation and serves the objectives of justice, and contribute to the distribution of income, Inflation “. Read also: Islamic banks .. What is the extent of their commitment to legitimacy of dealing and performance? Role of the State An assistant professor at the Faculty of Business Administration at Al-Jinan University in Lebanon, Radwan Shagri, criticized the failure of Islamic banking to mature enough, pointing to the lack of support of countries and governments as well as the educational sector represented by universities as well as discouraging investors and savers to deal with this sector. “The assessment of the role of governments, universities and universities in adopting the idea of Islamic banks from inception to contemporary reality,” said Shagri in his paper titled “Assessing the role of governments, universities and universities in the development of Islamic banking.” This weakness will have a significant impact on Islamic banking in the future, and may reach a weak stage, especially in countries that deal with inequality. Explained the conventional and Islamic banking, which will affect the capital of Islamic banks and may come out to more adoptive countries for this sector. He stressed that the role played by countries, governments and universities currently in supporting Islamic banking is not satisfactory to all parties. He called for the need to support and adopt the Islamic banking sector by combining it in parallel to conventional banking. Islamic banking should be treated as a basic and not a secondary component of the banking sector. Of governments to promote Islamic banking and crisis support, as well as support scientific research on Islamic banking by the state, research centers and universities to reach best practices, and encourage students to access Islamic banking by strengthening the sector and marketing a Its importance as an important and required occupation in the labor market. Read also: Islamic banks are gradually moving towards green financing Provide facilities In her paper titled “Islamic Banking Financing and its Impact on Some Indicators of Economic and Development Activity in Sudan”, Manal Al-Ghobashawy, Head of the Department of Economics at the Faculty of Economics and Political Science at the University of Omdurman in Sudan, concluded that research on the application of funding formulas And the creation of other formulas that meet the requirements of economic development and development. It called on Sudan and the Central Bank of Sudan to support banks in providing facilities and increasing exemptions in order to achieve sustainable development in all economic sectors.