The purpose of this session is to discuss the future of Islamic financial services industry and offer a platform to address macro and micro level challenges that continue to hold the industry back from its potential, and to propose solutions to these challenges along with a roadmap for the future of Islamic finance.
Despite its universal value proposition, the Islamic financial services industry has yet to reach its true potential. Financial inclusion continues to be a challenge in many markets, SMEs continue to be under served by Islamic banks, and many Islamic banks still continue to struggle for scale and financial stability. In addition, with the advent of FinTech and other disruptive trends, the industry faces even more challenges on the horizon.
This session also incorporates the main aspects of the 17th IFSB Financial Stability Forum, which will focus on transparency and market discipline in Islamic financial institutions.
It will bring together regulators and market leaders from the Islamic financial services industry to present their views, share recommendations and propose a collective way forward for the industry.
Speakers
- H.E. Dr. Ahmed Abdulkarim Alkholifey, Governor of Saudi Arabian Monetary Authority
- Mr. Mazin Saad Al-Nahedh, CEO, Kuwait Finance House, Kuwait
- Mr. Abdulmohsen Bin Abdulaziz Al-Fares, CEO, Alinma Bank, Saudi Arabia
- Mr. Abdul Aziz Ba, Acting CEO, International Islamic Liquidity Management Corporation, Malaysia
- Dr. Mohamed Damak, Senior Director & Global Head of Islamic Finance, S&P Global, UAE
Moderator
- Mr. Axel Threlfall, Editor at Large, Reuters
