MANAMA: The 24th edition of World Islamic Banking Conference (WIBC), the largest gathering of Islamic banking and finance leaders in the world, begins in Bahrain tomorrow.
The three-day forum, under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, is being organised by Middle East Global Advisors – a leading financial intelligence platform facilitating the development of knowledge-based economies in the MENASEA markets, in strategic partnership with the Central Bank of Bahrain, at the ART Rotana Hotel in Amwaj Islands.
The theme for WIBC 2017 “Drivers of Economic Growth & Risks: Policymakers & Regulators”, is in line with the conference’s vision to serve as a compass for the global Islamic finance and banking industry, and is expected to draw participation from over 1,300 global industry leaders, policy makers, innovators and stakeholders, all focused on generating breakthrough insights that help navigate through the complexities of the global financial system.
CBB Governor Rasheed Al Maraj will inaugurate the conference and give the keynote address.
Other keynote speakers are Alex Tapscott, chief executive of NextBlock Global, co-author of Blockchain Revolution and founding member, IMF’s high-level advisory group on fintech, Taliya Minullina, CEO of the Tatarstan Investment Development Agency and member of the Investment Council of the Republic of Tatarstan, and Xen Baynham-Herd, head of strategy and lead economist – Blockchain.
Delegates can also look forward to networking and connecting on a one-to-one basis with leading industry players.
Key features for WIBC 2017 include a conversation with distinguished Islamic finance veteran Adnan Ahmed Yousif, chief executive and president, Al Baraka Banking Group on the future course of the Islamic economy; An interview with renowned Sharia scholar Sheikh Nizam Yaquby on centralised Sharia boards, Sharia standardisation and fostering new generation of Sharia experts; Digital banking-focused panel on harnessing digital technologies to stay relevant; The CEO Debate focused on increasing the market share and geographical footprint of Islamic banks; The Regulations Power-Table on fostering synergies among regulators, standard setters and global financial regularities authorities to further Islamic finance; Panel discussions focusing on dynamic capital markets, sustainable, equitable and inclusive growth, potential of disruptive technologies, new horizons for Islamic finance, ESG, VAT, the effect of the recent global economic and political developments and more.
The 24th WIBC will also see the launch of two major financial intelligence reports from Thomson Reuters: The Islamic Finance Development Report & The Islamic Commercial Law Report 2018, arming the industry with critical insights going forward.
Delegates can also stay abreast of the latest updates on the programme, network and connect with other delegates and speakers through Direct Messaging, and engage in live interactive polling across all of the session via WIBC’s digital mobile app – Web Connect.
Industry leaders will also be recognised for their excellence through the WIBC Performance Awards 2017, the winners of which will be honoured at the Gala Dinner on Tuesday.