Istanbul – The third World Islamic Economy Summit has begun in Turkey. The event is organized by the Al Baraka Forum for Islamic Economy and has attracted a wide range of experts, policymakers, and economists from around the world.
The summit is taking place at the Istanbul Financial Center under the slogan, “Capital in the Islamic Economy: Structuring Wealth for Sustainable Development.” Discussions will focus on ethical financing, the real economy, inclusive growth, and sustainable development.
The summit is organized in partnership with the Turkish Presidential Investment and Development Office, Turkey’s Sovereign Wealth Fund, the Istanbul Financial Center, the Islamic Cooperation Youth Forum, and Ibn Khaldun University.
The agenda features panel discussions, strategic meetings, and workshops involving representatives from central banks, global economic and investment institutions, and financial technology experts. Sessions will cover global economic issues, capital flows, Islamic banking, sukuk markets, social finance and endowments, as well as artificial intelligence, digital financial technologies, entrepreneurship, and financing for small and medium enterprises.
The program includes high-level sessions such as a central banks and ministers’ panel, a session for CEOs of Islamic banking groups, Islamic capital markets, endowments and sustainable finance, and innovation in financial and digital sectors.
The summit will address recent developments in the Islamic economy and the role of Islamic finance tools in supporting economic growth and achieving sustainable development goals. It will also emphasize enhancing cooperation among Islamic financial institutions and developing investment and financial innovation mechanisms.
This year’s summit comes as the Islamic economy expands globally, with growing interest in participatory finance and Islamic banking as tools for financial stability and comprehensive development.