Islamic Finance leaders convene at the 4th IFSB Innovation Forum in Doha

Islamic Finance leaders convene at the 4th IFSB Innovation Forum in Doha

Doha – Qatar: The 4th IFSB Innovation Forum, organised by the Qatar Financial Centre (QFC) and the Islamic Financial Services Board (IFSB), and patronised by Qatar Central Bank (QCB), concluded today in the presence of key stakeholders from the global Islamic finance community.

During the event, the organisers reinforced their commitment to sustainable solutions for the Islamic finance industry, as part of a shared responsibility towards the global climate goals and the human development pillar enshrined in Qatar National Vision 2030.

In his keynote address, H.E. Sheikh Bandar bin Mohammed bin Saoud Al-Thani, Governor, QCB, noted: “A primary objective of Qatar Central Bank is to develop a regulatory framework that promotes growth and innovation within the financial industry.” H.E. concluded: “To make progress, the world needs more than words, resolutions and recommendations; it needs real action on the ground.”

Highlighting the importance of sustainable finance and its dominating impact on the financial services landscape, Yousuf Mohamed Al-Jaida, Chief Executive Officer, QFC, addressed the Forum: “Much can be done to scale sustainable finance and Environmental, Social and Governance (ESG) and to enhance financial inclusiveness. Embracing innovation, technological advances and sustainable financing instruments alike can provide untapped market access to Islamic finance, while working on