The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), together with the Islamic Development Bank Group (IsDB), represented by IsDB Institute (IsDBI), 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.—Zawya