The 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024 is gearing up to be one of the most significant gatherings in the Islamic finance industry this year. Scheduled for November 5-7, 2024, the event promises to deliver crucial insights and discussions under the theme “Revitalizing the Economy Via Islamic Finance.”Organized by the Centre for Research and Training (CERT) in collaboration with major partners like AIBIM, ASAS, AMANIE, and HSK, the Kuala Lumpur Forum 2024 will focus on accelerating the global and domestic growth of Islamic finance.
As the world grapples with economic challenges, Islamic finance has shown resilience, offering sustainable solutions rooted in ethical principles. This year’s forum will explore these solutions in depth, making it an unmissable event for anyone involved or interested in Islamic finance, whether locally or internationally.
Why is the Kuala Lumpur Forum 2024 Important?
Islamic finance continues to expand its influence globally, with assets exceeding $3 trillion as of 2023. Malaysia has emerged as one of the global leaders in this sector, thanks to its well-established regulatory framework and commitment to fostering growth. The Kuala Lumpur Forum 2024 aims to build on this success, focusing on strategies to further integrate Islamic finance into the global economy.
This year’s theme, “Revitalizing the Economy Via Islamic Finance,” couldn’t be timelier. As economies worldwide face disruptions due to global crises, Islamic finance presents a viable alternative to traditional financial systems. It promotes financial inclusion, ethical investments, and risk-sharing, all of which are crucial in today’s economic environment. By bringing together thought leaders, policymakers, and industry stakeholders, the Kuala Lumpur Forum 2024 will offer a platform to explore how Islamic finance can continue to support sustainable economic growth.
Who Will Attend?
The Kuala Lumpur Forum 2024 is expected to attract more than 1,000 participants, including high-profile figures from various sectors. Attendees will include government officials, regulators, board members, managing directors, and senior executives from top financial institutions. The forum will also draw financial market players, Shariah scholars, industry experts, and academics, ensuring a well-rounded representation of the Islamic finance ecosystem.
This diverse group of participants will contribute to a rich exchange of ideas, helping to chart the course for the future of Islamic finance. Whether you’re a seasoned professional or new to the industry, the Kuala Lumpur Forum 2024 offers an invaluable opportunity to learn from experts and connect with key players.
Distinguished Speakers
Several notable figures are set to grace the Kuala Lumpur Forum 2024, providing invaluable insights into the future of Islamic finance. The forum will be officially inaugurated on November 5 by Dato’ Seri Abdul Rasheed Ghaffour, the Governor of Bank Negara Malaysia. His role as a key figure in shaping Malaysia’s monetary policy and financial regulation makes his presence at the forum particularly significant. His speech is expected to address Malaysia’s ongoing efforts to enhance its position as a leader in Islamic finance, as well as the role of Islamic finance in navigating global economic uncertainties.
On November 7, YB Senator Dato’ Setia Dr. Hj Mohd Na’im bin Hj. Mokhtar, Minister in the Prime Minister’s Department (Religious Affairs), will officiate the 17th Muzakarah Penasihat Syariah Kewangan Islam. This session will be particularly insightful for those interested in the intersection of Islamic finance and Shariah law. As Islamic finance continues to expand globally, understanding the role of Shariah advisory boards in maintaining the integrity of Islamic financial products is crucial. The session is expected to guide the latest developments in Shariah compliance, as well as strategies for addressing the challenges that come with growing international demand.
Key Topics to Be Discussed
The Kuala Lumpur Forum 2024 will cover a broad range of topics relevant to both established professionals and those new to Islamic finance. The agenda will focus on the latest trends, innovations, and regulatory developments, offering participants a comprehensive understanding of the industry’s current landscape and future direction.
Some of the key topics expected to be discussed include:
- The Role of Fintech in Islamic Finance: Financial technology (fintech) has transformed the financial services industry, and Islamic finance is no exception. This session will explore how fintech is driving innovation in Islamic finance, from blockchain-based sukuk issuance to Shariah-compliant crowdfunding platforms.
- Sustainability and Green Finance: With increasing global emphasis on sustainability, Islamic finance is uniquely positioned to lead the way in green finance. Islamic principles align closely with sustainable practices, such as ethical investing and risk-sharing. Participants will learn how Islamic finance can play a pivotal role in supporting sustainable development goals (SDGs) and climate action.
- Global Trends and Challenges in Islamic Finance: From geopolitical shifts to regulatory changes, Islamic finance is constantly evolving. This session will provide an overview of the current trends shaping the global Islamic finance market and explore the challenges that institutions face as they navigate an increasingly interconnected world.
- Islamic Finance in a Post-Pandemic Economy: As economies recover from the impacts of the COVID-19 pandemic, Islamic finance offers a resilient and ethical financial framework. Experts will discuss how Islamic finance institutions have responded to the pandemic and how they can contribute to rebuilding economies in a post-pandemic world.
Networking Opportunities
Beyond the knowledge gained through presentations and panel discussions, the Kuala Lumpur Forum 2024 offers ample networking opportunities. Participants will have the chance to connect with industry leaders, policymakers, and innovators, fostering collaborations that could shape the future of Islamic finance.
Whether you’re looking to expand your professional network, explore new business opportunities, or simply stay informed about the latest trends, the forum provides an ideal environment for meaningful connections. In a rapidly changing financial landscape, building relationships with key stakeholders is more important than ever.
Registration Details
Registration for the Kuala Lumpur Forum 2024 is now open, and spaces are filling up fast. A limited number of free seats are also available for early registrants, making it a fantastic opportunity for those looking to participate in one of the most significant Islamic finance events of the year.
To secure your spot, you can contact Mrs. Afeeqah at +6013-2000947 for more details. Alternatively, visit the official website here to complete your registration online. Don’t miss your chance to be part of this prestigious event and gain valuable insights into the future of Islamic finance.
A Must-Attend Event for Islamic Finance Professionals
The Kuala Lumpur Forum 2024 offers an unparalleled opportunity for professionals across the Islamic finance industry to come together, share insights, and explore the future of this growing sector. With distinguished speakers, comprehensive topics, and valuable networking opportunities, the forum is set to provide participants with the knowledge and connections needed to navigate the challenges and opportunities ahead.
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