Dr. Al Jasser, experts call for leveraging disruptive technologies to foster inclusive development

Dr. Al Jasser, experts call for leveraging disruptive technologies to foster inclusive development

Jeddah, Kingdom of Saudi Arabia – We must leverage the technological disruptions along with the ethical principles of Islamic finance to foster inclusive development, Chairman of the Islamic Development Bank Group, H.E. Dr. Muhammad Al Jasser, said.

Dr. Al Jasser made the statement in a keynote speech during the 17th IsDB Global Forum on Islamic Finance, held on 12 May 2023 in conjunction with the 2023 IsDB Group Annual Meetings in Jeddah, Kingdom of Saudi Arabia.

The forum was organized by the Islamic Development Bank Institute (IsDBI), the knowledge beacon of the IsDB Group, with the theme ‘Disruptive Solutions for a Resilient Economy’.

Dr. Al Jasser noted that the world is facing a myriad of dynamic challenges that added pressure on policymakers to explore innovative means to address these challenges.

“We must embrace this ‘disruption’ and integrate it with our business processes to create effective solutions for our member countries. Combining modern technology's efficiencies with the sustainable and ethical principles of Islamic economics can result in championing product solutions that can help tackle various global economic challenges,” Dr. Al Jasser said.

“We at the IsDB Group believe, more than ever, that joining hands and teaming with partners is essential for finding innovative solutions to various