The IFSB Summit 2021, Islamic Finance and Digital Transformation: Balancing Innovation and Resilience to Gather 9 Central Bank Governors and 26 Distinguished Speakers

Kuala Lumpur, 27 October 2021 – The Islamic Financial Services Board (IFSB) is pleased to announce the first line-up of speakers for the IFSB Summit 2021, which will be held from 9 to 11 November 2021 in Jeddah, Kingdom of Saudi Arabia, hosted by the Saudi Central Bank (SAMA). The Summit will gather 9 Central Bank Governors and 26 distinguished speakers.

Led by the Summit Host, H.E. Dr. Fahad AlMubarak, Governor, Saudi Central Bank, the speakers who have confirmed their participation in the IFSB Summit 2021 include:

1. H.E. Rasheed M. Al-Maraj, Governor, Central Bank of Bahrain
2. H.E. Dr. Perry Warjiyo, Governor, Bank Indonesia
3. H.E. Tahir bin Salim bin Abdullah Al Amri, Governor, Central Bank of Oman
4. H.E. Dr. Reza Baqir, Governor, State Bank of Pakistan
5. H.E. Dr. Feras Milhem, Governor, Palestine Monetary Authority
6. H.E. Mohamed Elfatih Zein al-Abdein, Governor, Central Bank of Sudan
7. H.E. Khaled Mohamed Balama Al Tameemi, Governor, Central Bank of the United Arab Emirates
8. H.E. Dr. Abdulrahman A. Al Hamidy, Director General, Chairman of the Board of the Arab Monetary Fund
9. H.E. Abu Farah Md Nasser, Deputy Governor, Bank Bangladesh
10. H.E. Aishah Ndanusa Ahmad, Deputy Governor, Central Bank of Nigeria
11. H.E. Dr. Yakup Asarkaya, Second Chairman, Banking Regulation and Supervision Agency, Republic of Turkey
12. Dr. Bello Lawal Danbatta, Secretary-General, IFSB
13. Dr. Wimboh Santoso, Chairman, Otoritas Jasa Keuangan Indonesia
14. Mr. Mohammed bin Abdullah Elkuwaiz, Chairman, Capital Market Authority, Saudi Arabia
15. Henk Hoogendoorn, Managing Director, Qatar Financial Centre Authority
16. Dr. Zamir Iqbal, Vice President Finance and Chief Financial Officer, Islamic Development Bank
17. Dr. Sami Al-Suwailem, Acting Director General & Chief Economist, Islamic Development Bank Institute
18. Sharifatul Hanizah Said Ali, Executive Director, Islamic Capital Market Development, Securities Commission Malaysia
19. Syed Samar Husnain, Executive Director, Development Finance Group, State Bank of Pakistan
20. Dr. Aamir A. Rahman, Senior Advisor on Islamic Finance, United Nation Development Programme
21. Mahesh Uttamchandani, Practise Manager, Financial Inclusion, World Bank
22. Ijlal Ahmed Alvi, Chief Executive Officer & Secretary to the Board, International Islamic Financial Market
23. Omar Mustafa Ansari, Secretary-General, Accounting and Auditing Organization for Islamic Financial Institutions
24. Dr. Bashir Aliyu Umar, Deputy Chair, Financial Regulation Advisory Council of Experts, Central Bank Nigeria.
25. Prof. Dr. Mohamad Akram Laldin, Executive Director, International Shari’ah Research Academy for Islamic Finance
26. Mr. Saud Al Busaidi, Deputy Chairperson, Technical Committee, IFSB
27. Mr. Zeiad Idris, Chief Executive Officer, Algrba
28. Nik Kamarun, Senior Manager, SME Finance, Alliance Financial Inclusion
29. Khalid Howladar, Head (Credit & Sukuk Advisory), RJ Fleming & Co
30. Shina Akeem Oyewale, Chief Executive Officer, Marble Capital Limited
31. Dr. Yahia Abdul-Rahman, Chairman and Chief Executive Officer, LARIBA Bank of Whittier
32. Prof. Tariquallah Khan, Professor, Istanbul Sabahattin Zaim University
33. Professor Volker Nienhaus, Consultant, IFSB

The theme for IFSB Summit 2021 “Islamic Finance and Digital Transformation: Balancing Innovation and Resilience” will focus on ways to foster innovation, technological adoption, accessibility, and sustainability in the Islamic financial system to boost its growth and development, as well as the policy implications arising from rapid digital transformation. Among the topics of discussion are:

1. Digital Transformation of the Islamic Finance Industry
2. Islamic Social Finance and Maximising the Role of Waqf to Support Economic Recovery
3. Cyber Resilience of Islamic Financial Institutions: Cybersecurity Regulation and Supervisory Practices
4. Crypto-assets and their Implications for Islamic finance: Ongoing Work, Regulatory Approaches and Potential Gaps
5. FinTech and Islamic Financial services: Market Developments and Effective Regulatory Approaches, Effective use of Supervisory and Regulatory Technology by Authorities and Regulated Islamic Financial Institution
6. Harnessing Technology in Islamic Financial Services to Improve Financial Inclusion, Achieving Synergy between Digital Islamic Finance and Sustainability

Dr. Bello Lawal Danbatta, The IFSB Secretary-General, said: “We are excited and pleased that so many Governors and influential leaders from the global Islamic Finance Industry have committed to speak at IFSB Summit 2021. Their experience and leadership in Islamic Finance will allow for critical and insightful discussions at the IFSB Summit 2021.” He added, “This year’s edition of IFSB Summit is the first hybrid summit, where we will hold it physically and virtually. We are blessed with the challenges and it also serves as proof that the industry has the agility in embracing the future.”

More information about the IFSB Summit 2021 will be announced in due course. For enquiries on participation, please visit www.ifsb.org