Doha: The 11th Doha Islamic Finance Conference will commence on Tuesday, under the theme “Integration of Blockchain and AI: The Future of Islamic Finance.” The event will bring together a distinguished lineup of government entities, global organizations, and leading financial and academic institutions specializing in finance, economics, and technology. With high-level discussions and expert insights, the conference is poised to drive significant advancements in the Islamic finance industry in Qatar and beyond.
According to Qatar News Agency, Chairman of the Organizing Committee and Vice Chairman of Bait Al-Mashura Finance Consultations, Prof. Dr. Khalid bin Ibrahim Al Sulaiti, emphasized the conference’s pivotal role in reinforcing Qatar’s leadership in Islamic finance. Al Sulaiti noted that the market share in Qatar is expanding due to increasing demand for its financial services and products. He highlighted the importance of the conference in anticipating the future of Islamic finance, especially with the integration of blockchain and AI.
Al Sulaiti further detailed the conference’s aim to examine Shariah rulings and regulatory challenges in a rapidly evolving digital environment. He pointed out the significance of fostering innovation by adopting decentralized AI-based solutions to develop Islamic financial products, particularly endowments (awqaf). The conference will also address complex topics like investment opportunities in the gaming and e-sports sectors and explore decentralized Islamic finance platforms.
Eng. Hassan Abdullah Al Marzouqi, Director-General of the General Directorate of Endowments at the Ministry of Endowments and Islamic Affairs, added that the conference has cemented its status as an influential platform in advancing Islamic finance institutions. He emphasized its role in positioning Qatar as a global leader in Islamic finance and endowment (waqf), enhancing Qatar’s competitive edge by fostering dialogue among industry experts and decision-makers.
With a strategic emphasis on innovation, collaboration, and sustainability, Al Marzouqi highlighted the conference’s role in facilitating high-impact discussions. These discussions aim to propel the development of endowment solutions powered by smart technologies, ensuring the sustainability and resilience of the endowment sector.