18th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)–the Islamic Development Bank Group (IsDB) Conference to Discuss Leveraging Islamic Finance for Economic Diversification.
M2 PRESSWIRE-October 26, 2023-: 18th Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)–the Islamic Development Bank Group (IsDB) Conference to Discuss Leveraging Islamic Finance for Economic Diversification
(C)1994-2023 M2 COMMUNICATIONS
RDATE:26102023
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), together with the Islamic Development Bank Group (IsDB), represented by IsDB Institute (IsDBI) (https://IsDBInstitute.org/), is set to host the 18th edition of its annual Islamic banking and finance conference under the auspices of the Central Bank of Bahrain.
The two-day conference will be held in Bahrain on 29-30 November 2023, with the theme "Strategies for the Impending Economic Slowdown and a Post Oil World: Through Economic Diversification and Leveraging Islamic Finance".
The annual conference is regarded as one of the most significant gatherings in the Islamic finance industry where Shari'ah scholars, policymakers, and decision-makers convene to discuss pressing matters in the Islamic finance industry globally.
It will feature keynote addresses from dignitaries and policymakers, as well as seven panel sessions. The panels will examine the role of Islamic finance and Islamic fintech in diversifying economic activity in Muslim countries, challenges and opportunities resulting from inflation and high benchmark rates, and the use of Islamic finance in the development of infrastructure for climate change mitigation. In addition, the challenges of Sukuk Shari'ah compliance and governance and Islamic finance accounting for hyperinflation will be discussed.
H.E. Shaikh Ebrahim Bin Khalifa Al Khalifa, Chairman, AAOIFI Board of Trustees stated on this occasion: "AAOIFI is pleased to hold the annual conference in Bahrain once again. We eagerly anticipate engaging in discussions on vital issues and Islamic finance-based approaches and solutions that can effectively shape a resilient and sustainable economic future. We sincerely appreciate the Central Bank of Bahrain's and IsDB's unwavering support of AAOIFI and its significant initiatives, such as this important conference. Insha Allah, we look forward to hosting all AAOIFI stakeholders in Bahrain".
In his comments, Dr. Sami Al-Suwailem, Acting Director General of IsDB Institute, said, "The Islamic Development Bank is committed to supporting the Islamic finance industry and, in particular, infrastructure institutions like AAOIFI...
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