ISTANBUL: The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions will organise its third Global Forum themed “The New Face of Financial Services: Disruptions, Opportunities and the New Normals” under the patronage of the Banking Regulation and Supervision Agency of Turkey (BRSA) on April 18,19 in Istanbul, Turkey.
This year, CIBAFI Global Forum aims to bring stakeholders of change onto a platform to discuss ground breaking disruptions, which are setting a new normal for the global Islamic financial services industry.
All stakeholders, including regulators, bankers and customers alike are poised to reap benefits only if they are informed of the ground realities of these innovations, ultimately shaping their competitive advantages for the future of the industry.
Top industry stakeholders from within and outside of the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, leading technocrats, among others will discuss disruptions, opportunities and key emerging issues effecting the Islamic financial sector today.
Commenting on the preparations of the Global Forum, Abdelilah Belatik, Secretary-General of CIBAFI, said CIBAFI is pleased to hold its 3rd Global Forum in Istanbul, Turkey, to discuss key topics of Islamic finance. The region has needs, as well as untapped opportunities. Islamic finance can certainly contribute in various areas to promote economic development and open new expansion opportunities for Islamic financial institutions.”
This Global Forum is organised as part of CIBAFI’s 3rd Strategic Objective of Awareness and Information Sharing, which aims to spread awareness and promote information sharing among its members and other stakeholders for the development of the Islamic finance industry.
The annual industry leaders gathering of CIBAFI, has marked its place as the industry debate and networking venue.
It should be noted that CIBAFI is an international organisation established in 2001 and headquartered in Bahrain. CIBAFI is affiliated with the Organisation of Islamic Cooperation (OIC). — ONA
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