The Islamic Development Bank (IsDB) Institute has announced the 18th edition of its IsDB Global Forum on Islamic Finance which will take place in Riyadh, Kingdom of Saudi Arabia, on Sunday, April 28, 2024. Coinciding with the IsDB Group Annual Meetings and Golden Jubilee Celebration, the event promises to be a dynamic gathering of industry luminaries, policymakers, and financial experts converging to explore innovative avenues for sustainable development within the Islamic finance ecosystem.
The forum, themed "Innovation, Entrepreneurship, and Leadership in Islamic Finance," will feature distinguished keynote speakers including H.E. Dr. Muhammad Al Jasser, Chairman of the IsDB Group; H.E. Dr. Stephen Groff, Governor of the Saudi National Development Fund; and Engineer Mutlaq H. Al-Morished, CEO of Tasnee Corporation. Attendees can anticipate insightful discussions and thought-provoking sessions aimed at catalyzing progress and fostering growth within the Islamic finance landscape.
A highlight of the event will be the presentation of the prestigious 2024 IsDB Prize for Impactful Achievement in Islamic Economics. This year's laureate, Professor Mehmet Asutay, hails from Durham University, where he serves as a distinguished professor of Middle Eastern and Islamic Political Economy & Finance. Professor Asutay's groundbreaking contributions to the field of Islamic economics and finance have earned him this esteemed accolade, recognizing his profound influence and significant contributions to the advancement of the discipline.
Subsequently, the Forum will have two sessions. The first is a panel that aims to explore the pivotal role of entrepreneurship in advancing sustainable development, particularly within the Islamic finance paradigm. Panelists for the session are Mr. Mohammad Abdulhameed Al-Mubarak, CEO of Madinah Knowledge Economic City; Dr. Zeger Degraeve, Executive Dean of Prince Mohammed Bin Salman College (MBSC); Mr. Morrad Irsane, CEO and Founder of TAKADAO; and Dr. Sami Al-Suwailem, Acting Director General of the IsDB Institute.
The second session will showcase the Smart Stabilization System, a patent-pending algorithm to enhance stability in financial markets, being developed by the IsDB Institute and implemented by the blockchain company SettleMint. The discussants will be Mr. Matthew Van Niekerk, Founder & CEO of SettleMint, and Dr. Hilal Houssain, Associate Manager of Knowledge Solutions Team, IsDBI.
The Forum will also feature the launching of a new IsDBI report titled “Catalyzing Social Entrepreneurship through Islamic Finance”, which explores the potential of Islamic finance to support social entrepreneurship and impact investing.
The IsDB Global Forum on Islamic Finance is an annual high-level forum initiated in 2006 as a platform for strategic policy dialogue on knowledge and innovation in Islamic finance and development.
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