IDB branch to consider Islamic banking sustainability within UN goals

An IDB branch is considering Islamic banking sustainability within UN goals.
An IDB branch is considering Islamic banking sustainability within UN goals. -
0Comments

The Islamic
Development Bank Group’s IRTI — Islamic Research and
Training Institute — is preparing to assess the feasibility of matching United
Nations-established sustainability goals as it organizes a May 16 global seminar
in Jakarta, Indonesia. 

Housed within the structure of a larger worldwide forum slated
for May 15-19, the 11th Global Forum on Islamic Finance will enable
discussion of strategic policy among many industry stakeholders and government leaders,
with a specific emphasis on building Islamic finance on an international plane. 

The 2016 forum centers on the “Role of Islamic Finance
in Achieving the Sustainable Development Goals”; will be coordinated jointly
with Bank Indonesia; and will be officially opened by IDB President Ahmed
Mohamed Ali. Indonesian leaders are expected to participate with an interest in
raising the profile of Islamic financing in their own nations.

IDB member IRTI strives to develop and maintain a robust
Islamic banking industry supporting trade in member countries. IRTI’s director
general, Mohamed Azmi Omar, praised the
convention theme as well timed given the recent launch of the UN’s Sustainable Development Goals (SDG). 

“IRTI chose this theme because it is important that we
find ways in which Islamic finance can support global development initiatives
like the SDGs, especially in our member countries,” Omar said.

Based in Jeddah, Saudi Arabia, IRTI maintains membership in
IDB and operates regional offices in Almaty, Kazakhstan; Kuala
Lumpur, Malaysia; Rabat, Morocco; and Dakar, Senegal.



Related

Bader Al-Kharafi Zain Group Vice Chairman & CEO Zain Group

Zain Group brand valuation rises 16 percent to reach record USD 4 billion in 2026

Zain Group’s brand valuation reached an all-time high at over USD 4 billion after growing by more than sixteen percent this year. Company leaders credit operational gains alongside new technologies for driving both business performance and regional recognition.

Abdulrahman Al-Fageeh SABIC CEO and Executive Member of the Board of Directors SABIC

Dr. Faisal Mohammed Alfaqeer becomes CEO of SABIC in Riyadh

Dr. Faisal Mohammed Alfaqeer has taken office as CEO of SABIC in Riyadh following his appointment by the board last month. The transition occurs ahead of SABIC’s upcoming 50th anniversary celebration.

Hana Al Rostamani Chief Executive Officer First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank holds virtual AI Agentathon with Presight and Microsoft

First Abu Dhabi Bank hosted a virtual AI Agentathon alongside Presight and Microsoft. Teams worked collaboratively on developing artificial intelligence solutions for real banking challenges. The initiative supports FAB’s ongoing digital transformation efforts.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Gulf News Journal.