Qatar to host 4th Innovation Forum on Sept. 14

In order to discuss ways to promote and develop innovative and sustainable financing solutions that can give the Islamic financial services sector a competitive edge, Qatar will host the 4th Innovation Forum on September 14. A number of individuals interested in the fields of international Islamic finance and sustainable finance will attend.

The forum is being held this year under the slogan: (Innovations for Sustainability and Regulation of Financial Services), sponsored by Qatar Central Bank (QCB), and organized by the Islamic Financial Services Board in coordination and cooperation with Qatar Financial Centre.

The forum will highlight recent developments in the sustainable finance and sukuk market and their impact on the Islamic financial services industry, in addition to the most important initiatives launched by Qatar to mitigate the effects of climate change, preserve the environment, and how Islamic finance practices can contribute to achieving economically efficient and socially equitable development.

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The list of speakers includes representatives of reputable international and local financial institutions, including: the Central Bank of Malaysia, the Central Bank of Saudi Arabia, the United Nations Development Program, HSBC, QInvest, Standard & Poor’s, and UK Export Finance, Global Green Growth Institute and others.

The forum specifically targets regulatory bodies, policy makers, institutions specialized in Islamic financial services, academic and research institutions, financial service providers, legal professionals, specialists in Islamic law, and others interested in the Islamic financial services industry.

 

Supervisory and regulatory authorities might join the Islamic Financial Services Board, an international standard-setting body. By establishing international safety standards and guidelines for this sector, which often encompasses Islamic banking, financial, and insurance sectors, it seeks to strengthen and stabilize the Islamic financial services business.

The Board also coordinates initiatives on industry-related issues and engages in research activities. It collaborates closely with regional, national, and international organizations, academic institutions, and partners who share similar objectives.

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