Islamic Finance Conference discusses the development of banking locally and globally

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http://maltawinds.com/2018/01/10/islamic-finance-conference-discusses-development-banking-locally-globally/

Under the patronage of HH Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior, Doha will host the 4th International Islamic Finance Conference under the title ‘Contemporary Financial Developments and Knowledge Building’ next Tuesday, with the participation of more than 800 scientists, researchers, local and international financial officials and bankers. As well as a number of academics and experts in the financial sector in more than 20 countries in the Arab world and the world. The conference will witness the launch of the QFC Economic Report. The conference’s outputs are expected to contribute to the development of the Islamic banking industry in Qatar.

Dr. Khalid Al Sulaiti, Vice Chairman of Beit Al Mashoura, said that the conference in its fourth edition is an extension of the success of the previous Doha Islamic finance conferences. He pointed out that the conference aims to develop Islamic financing tools to benefit from the digital world, And contribute to the legal and legal approach in the formulation and structuring of Islamic finance contracts and the development of the arbitration environment, in addition to identifying contemporary investment tools that enhance the developmental contributions of the Waqf in line with Qatar’s economic vision, The conference also aims to introduce an integrated project to build the Islamic financial industry and to show the impact on economic development.

On the conference’s themes, Dr. Khaled Al-Sulaiti explained that the conference discusses four main themes: Islamic finance and the digital world; the second discusses Islamic finance between legal provisions and legal systems; the third discusses the contemporary endowment and its role in economic development; The conference is also witnessing a qualitative economic event in the launch of the QFC Economic Report.

Mr. Yousif Mohammed Al Jaidah, CEO and Member of the Board of Directors of the QFC said that their partnership and sponsorship of this conference stems from their belief in the importance of the role played by the Islamic finance sector locally and globally, and the country’s supportive and encouraging environment for investment in the Islamic financial industry.

Mr. Yousif Mohammed Al Jaidah, CEO and Member of the Board of Directors of the QFC said that their partnership and sponsorship of this conference stems from their belief in the importance of the role played by the Islamic finance sector locally and globally, and the country’s supportive and encouraging environment for investment in the Islamic financial industry. Countries in the region that embraced Islamic banking and provided the regulatory environment for external capital for Islamic investment within Qatar through various regulatory and regulatory bodies, including the QFC Regulatory Authority.

Speaking at a press conference yesterday to announce the conference, Al-Jaidah said that the QFC is seeking to launch its economic report on the Islamic banking sector in the UAE in cooperation with Thomson Reuters as the first event of the 4th Doha Islamic Finance Conference.

Al-Jaidah explained that Islamic banking is witnessing a great expansion and many international banks have established specialized departments in this banking. He pointed out that the QFC looks at Islamic banking as a vital and important part of its recently launched strategy. Including the subject of arbitration, and we are working to make the State of Qatar a leading center and capital of Islamic banking, especially as we have the best Islamic banks and Takaful companies and the best universities, noting plans to make the Islamic Finance Conference is held annually.

Mr. Talal Al Khaja, Chief Executive Officer, Barwa Bank Group, said: “We are delighted to sponsor this conference. The State of Qatar is distinguished today in various economic, developmental and cultural fields, in line with its pioneering plan to achieve its comprehensive vision. Our society and our responsibility alone or with our partners as a house of advice, which is to spread the culture of financial industry and the development of tools, expressing confidence in the success and renaissance of Islamic banking and its ability to achieve its objectives.

Dr. Sayed Nazim, Head of the Islamic Finance Center at the College of Islamic Studies, Hamad Bin Khalifa University, said that since its inception, the College has sought to establish a leading position for contemporary Islamic studies and Islamic finance. The importance of the Islamic finance sector in the contemporary global financial system and its association with the formulation of policies and the management of economic systems’.