Global Islamic Finance Report 2021 launched


Amidst the pandemic, Cambridge Institute of Islamic Finance (Cambridge-IIF), together with Ajman University Center for Excellence in Islamic Finance (AU-CEIF), has once again successfully managed to launch the Cambridge Global Islamic Finance Report (GIFR) in Jakarta, Indonesia – the oldest yearbook in Islamic banking and finance.

“Bringing out the 12th edition of the oldest yearbook in Islamic finance while we are still facing a number of logistic restrictions is a huge achievement on part of all those whose contributions have made it possible to continue to publish the Global Islamic Finance Report,” said Professor Humayon Dar, Managing Editor of GIFR 2021 and the Director General, Cambridge Institute of Islamic Finance.

GIFR 2021 was launched by His Excellency Joko Widodo, President of Indonesia at the 8th Indonesia Sharia Economic Festival.
The pandemic has adversely affected every aspect of human life, with the financial services industry being amongst the most impacted.

On the other hand, this has also widened the scope of innovation for Islamic finance to start looking into new avenues of growth, especially Islamic social finance.

Accordingly, GIFR 2021 takes up the topic of “Islamic Finance in a Post-COVID World” following the last year’s theme of “Islamic Finance for Socio-economic Inclusion and Sustainable Development’.

“This theme is not only relevant to the timely achievement of the UN’s SDGs but also a must for the sustainability of Islamic banking and finance (IsBF) in the longer term.

I am sure that the coverage of topics within GIFR shall entice readers intellectual impulse and they would want to delve deeper into the reading of the report in full”, said Dr Adnan Aziz, the Editor-in-Chief of GIFR 2021 and the Founding Director of Ajman University Centre for Excellence in Islamic Finance. —Zawya News

Previous articleClearing Afghanistan’s landmines one careful step a time
Next articleWhat does the future hold for Islamic finance?