Khartoum to host Islamic Banking Forum in Sept

MANAMA: The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Union of Arab Banks (UAB) are jointly organising a Forum titled (UN Development Goals and Islamic Finance: A Focus on Africa).

This forum will be held in Khartoum, Sudan during September 25-26, under the auspices of Hazim Abdegadir Ahmed Babiker, Governor of the Central Bank of Sudan.

Following a first successful joint forum in September 2016 in Tunisia under the auspices of Chedly Ayari, Governor of the Central Bank of Tunisia, CIBAFI and UAB are coming together again to discuss the potential of Islamic finance in Africa, with a special focus on its Sub-saharan region.

With the United Nations working actively on development goals (SDGS) in Africa, CIBAFI and UAB are ready to discuss ‘‘UN Development Goals and Islamic Finance: A Focus on Africa’.

The Forum will be a timely and an important catalyst in bringing to the discussion table some of the important areas for the development of the real economy through Islamic finance and raising the awareness of the competitiveness of Islamic financial institutions in the African region, with interlinkages to the United Nations Development Goals.

The forum will examine how Islamic finance can help achieve UN goals through increased partnerships among governments, private sector, civil society and other stakeholders.

This two-day programme will bring together various stakeholders from the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policymakers, and academia to discuss the issue of frontier markets of Islamic finance.