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The 15th IFSB Summit held in Jeddah Saudi Arabia Concludes -Technology and Digitalisation Supported by a Robust Regulatory Environment as the Way forward for a Resilient and Inclusive Islamic Financial Services Industry

Date posted: 11 November 2021

11 November 2021, Jeddah – The 15th IFSB Summit under the theme of “Islamic Finance and Digital Transformation: Balancing Innovation and Resilience”, hosted by the Saudi Central Bank in Jeddah, Kingdom of Saudi Arabia came to a close on 11 November 2021.

The two-day Summit saw the participation of over 200 attendees physically and virtually, representing key Islamic financial services industry leaders, from among regulatory and supervisory authorities, international and regional multilateral organisations and financial institutions from around the world as well as the local Saudi financial community.

The Summit gathered nine Central Bank Governors and 24 other distinguished high-level speakers representing key stakeholders in the Islamic financial services industry, who participated in seven panel discussions spanning the two days. The speakers exchanged views, expertise and experiences on a wide range of issues related to developments in digitalisation and innovation in the Islamic financial services industry.

 The sessions generated valuable dialogue on critical issues facing the industry and provided important and forward-looking takeaways on key areas of Islamic financial sector policy going forward. 

The detailed proceedings of the 15th IFSB Summit, highlighting the key discussions and outcomes of the Summit will be published on the IFSB website in due course.

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