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MANAMA: Bahrain-based standard-setting body Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced that the 17th edition of its annual Islamic banking and finance conference will be held as an in-person event this November in the kingdom.
The two-day event is set to take place on November 27 and 28 at Crowne Plaza, under the theme ‘Economic Resilience and Governance in Disruptive Times’.
The Islamic Development Bank Group (IsDB), represented by IsDB Institute (IsDBI), joins AAOIFI as the co-host of the conference under the auspices of the Central Bank of Bahrain.
The annual conference is considered as one of the most important gatherings in the Islamic finance industry for which Sharia scholars, policymakers, and decision-makers come together on one platform for deliberations on pressing topics in the Islamic finance industry globally.
For the benefit of wider stakeholders, the conference will be aired live through Zoom, YouTube, and other social media platforms. It will be supported by various partners and sponsors including Islamic banks and financial institutions, academic institutions, technology, as well as other support service providers and knowledge-sharing platforms.
Commenting, AAOIFI board of trustees chairman Shaikh Ebrahim bin Khalifa Al Khalifa said: “AAOIFI is pleased to host the annual conference once again in Bahrain. We are looking forward to the discussions on pressing topics in light of the disruption in the global economy. We are grateful to the Central Bank of Bahrain and IsDB for their unwavering support to AAOIFI and its initiatives like this important conference. We look forward to hosting all AAOIFI stakeholders in Bahrain.
The conference will host keynote speeches from dignitaries and policymakers, in addition to seven-panel discussion sessions.
The panel discussions will explore strategies for ensuring food security and economic development, climate change and the roles of Islamic finance, governance for Islamic finance windows and fintech.
Additionally, the discussions will also include the integration of social finance into Islamic commercial finance and the need for capacity building.
IsDB Institute acting director general and IsDB Group chief economist Dr Sami Suwailem said: “The AAOIFI-IsDB conference is an important conference for the global Islamic finance industry where pressing issues are discussed. We hope the deliberations in the conference will lay solid foundations for important developments going forward and prepare us better for the future.”
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