• Skip to main content
  • Skip to after header navigation
  • Skip to site footer
The Halal Times

The Halal Times

Global Halal, Islamic Finance News At Your Fingertips

  • Home
  • Regions
    • Latin America
    • North America
    • Europe
    • Africa
    • Central Asia
    • South Asia
    • Australia
  • Marketing
  • Food
  • Fashion
  • Finance
  • Tourism
  • Economy
  • Cosmetics
  • Health
  • Art
  • Halal Shopping

Saudi Arabia To Host Summit on Digitization of Islamic Banking

Saudi Arabia To Host Summit on Digitization of Islamic Banking
2021-09-12 by Hafiz M. Ahmed

The 15th Islamic Financial Services Board (IFSB) Summit in November will put the spotlight on ways to foster innovation, technological adoption, accessibility, and sustainability in the Islamic financial system.

The biennial event for global industry leaders and professionals will take place from 9 to 11 November 2021 in Jeddah, Kingdom of Saudi Arabia, hosted by the Saudi Central Bank (SAMA).

This time the theme is ‘Islamic Finance and Digital Transformation: Balancing Innovation and Resilience’ with a focus on boosting the growth and development of Islamic finance. There will also be a focus on policy implications arising from rapid digital transformation.

Fahad al-Mubarak, the Governor of the Saudi Central Bank, said: “We, in Saudi Arabia, have the pleasure to host the 15th Summit of the Islamic Financial Services Board. The Kingdom is home to the largest Islamic finance market in the MENA region and amongst the G20, and is continuing to grow and develop in the digital age. The Summit remains a unique opportunity for decision-makers and market players alike to exchange experiences and hold discussions on current and emerging matters of Islamic finance”.

Summit Agenda

The Summit will also highlight the work that needs to be done to strengthen Islamic finance services’ resilience and stability.  Other topics include the digital transformation of Islamic financial services, crypto-assets, and their implications for Islamic finance. In addition, attendees will discuss the effective use of supervisory and regulatory technology by authorities.

Dr. Bello Lawal Danbatta, the IFSB secretary-general, said: “The IFSB Summit, a landmark event for the Islamic financial services industry, constitutes a major high-level platform for key regulators, global market players, and thought-leaders, to discuss issues relevant to steering the regulatory direction of the industry to further strengthen its resilience and stability.”

Previous Summits have included members of the IFSB from regulatory and supervisory authorities, international intergovernmental organizations, and market players

Author

  • Hafiz M. Ahmed

    Hafiz Maqsood Ahmed is the Editor-in-Chief of The Halal Times, with over 30 years of experience in journalism. Specializing in the Islamic economy, his insightful analyses shape discourse in the global Halal economy.

    View all posts

Like this:

Like Loading...

Related

Previous Post:What Do Customers Want From A Traceability Solutions Provider?What Do Customers Want From A Traceability Solutions Provider?
Next Post:Why Should You Buy Gold Online?Buy Gold Online

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Sidebar

  • LinkedIn
  • X
  • Facebook
  • Instagram

The Halal Times

The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • YouTube

News

  • Home
  • Halal Shopping
  • Food
  • Finance
  • Fashion
  • Tourism
  • Cosmetics
  • Healthcare
  • Marketing
  • Art
  • Events
  • Video

Advertise

  • Advertise With Us
  • Zakat Calculator
  • Submit News
  • Subscribe

About

  • About
  • Write For Us
  • Contact Us

Copyright © 2025 · The Halal Times · All Rights Reserved ·

%d