More than 800 financial experts from across the world are set to take part in the 4th Doha Islamic Finance Conference, on Jan 9 in Doha, to be held under the patronage of the Prime Minister and Minister of Interior, Sheikh Abdullah bin Nasser bin Khalifa al Thani.

Organised by Bait Al-Mashura Finance Consultations, in cooperation with Qatar Financial Centre (QFC), Barwa Bank, Qatar University and Hamad Bin Khalifa University, the conference will discuss opportunities and challenges facing the Islamic finance market.

Addressing a press conference to announce the details of the conference, Bait Al Mashura Finance Consultations Managing Director and CEO, Oais al Duraie, said, the conference would be opened by the Minister of Finance, Ali Sharif al Emadi.

He said, the conference would discuss the digital world and how the Islamic financial industry can enter digital world and the challenges facing it.

Entitled, ‘Contemporary Financial Trends and Knowledge Capacity Building,’ the conference will also discuss endowment and its development and how it can contribute to the national economy, as well as, the generation of Islamic financial industry and its impact and the ethics of societies.

The conference will also discuss litigation and prosecutions in Islamic financial transactions, in the hope that the conference would upgrade Islamic financial industries, he added.

The conference will also witness the launch of the economic report of QFC.

Addressing the press conference, QFC CEO and Board Member, Yousuf Mohamed al Jaida, said, the conference would play a key role in establishing Doha as the hub of Islamic finance in the world.

He said, supporting Islamic banking sector is an integral part of the local financial sector and its banks.

Jaida said, the readiness of the Qatari market to receive more companies and institutions specialised in the field of Islamic banking, confirms its position as a promising competitive financial market.

Qatar has a strong economic foundation that supports and enhances investment trends in the Islamic finance industry, he said, adding that Qatar was one of the first countries in the region to adopt Islamic banking and create regulatory environment for the same.

Barwa Bank Group Chief Executive for Communications, Talal al Khaja, said, the conference would come up with projects, recommendations and initiatives, that contribute to the development of the Islamic economy, identify the most important contemporary challenges, and develop effective solutions

Source: NAM News Network

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