JEDDAH: Under the patronage of Madinah Gov. Prince Salman bin Sultan, the Al-Baraka Islamic Economics Symposium will kick off on Wednesday with the theme “Islamic Banking in 50 Years: Achievements of the Past and Hopes for the Future.”
Hosted at Prince Muqrin University’s female campus, the 45th edition of the symposium will bring together ministers, financial leaders, scholars, and representatives from over 15 countries for a two-day event.
The symposium will cover six main topics and more than 20 sub-themes, focusing on Islamic banking’s contributions to economic development, social justice, and sustainability.
Sessions will delve into the historical roots of Islamic finance, current industry trends, regulatory and technological advancements, and the future of Shariah-compliant financial systems.
Key topics include Shariah governance, financing models, Islamic windows, mergers and acquisitions, and the sector’s role in achieving sustainable development goals.
Distinguished contributors to the field of Islamic economics will be honored, and several cooperation agreements will be signed during the event.
Chairman Abdullah Saleh Kamel highlighted the forum’s long-standing role, since 1981, as a platform for dialogue on Islamic finance.
He noted that the 50-year milestone is an opportunity to reflect on the journey and renew the commitment to innovation, inclusion, and Shariah compliance.
The symposium will also feature a documentary titled “Glimpses of Islamic Banking: From Inception to Contemporary Reality” and announce the latest nomination topics for the Saleh Kamel Award for Islamic Economics, recognizing outstanding contributions in the field.
[Reported by Arab News]
