Al-Baraka Group, a leading financial conglomerate specializing in Islamic banking and financial services, has recently publicized its strategic alliance as a key sponsor for the 43rd Al-Baraka Islamic Economics Symposium. The momentous event is slated to take place on March 15-16 at the prestigious University of Prince Mugrin in the historical city of Madinah, Saudi Arabia.
The 43rd edition of the symposium is anticipated to be an illustrious gathering that will assemble distinguished personalities from the realms of economics and finance. Senior government officials, board members, central bankers, and CEOs from economic agencies, financial institutions, Islamic banks, and financing companies across the globe will congregate to exchange ideas and insights. The impressive lineup of experts and industry leaders will bring forth a broad spectrum of perspectives, bolstering the intellectual wealth of the discussions.
This year, the symposium has set its sights on a crucial agenda – sustainability through Islamic economics. The event aspires to shed light on how the time-honored principles of Islamic law can be harnessed in contemporary economic frameworks to realize the United Nations Sustainable Development Goals (UN SDGs). These goals encompass a wide array of development objectives including poverty eradication, quality education, climate action, and more. By unraveling the intricacies of Islamic economics, the symposium aims to unearth novel solutions that resonate with both ethical values and modern sustainability imperatives.
Al-Baraka Group’s (ABG) unwavering dedication to the symposium as an annual sponsor reflects its commitment to enriching the global Islamic finance community. ABG seeks to address the multifaceted needs of scholars, practitioners, and enthusiasts by fostering a knowledge-sharing ecosystem that integrates research, Shariah compliance, and Islamic legal opinions (fatwas). Through its support, ABG aims to establish the symposium as an authoritative resource and a beacon for innovation in Islamic finance.
Shaikh Abdullah Saleh Kamel, Chairman of ABG and the Board of Trustees of Al-Baraka Islamic Economics Symposium, is set to spearhead ABG’s executive management team at the event. His involvement will encompass comprehensive discussions on an array of banking topics, whilst also evaluating the latest advancements in the field of Islamic banking and finance.
Shaikh Kamel has articulated his pride and gratitude in acknowledging that the symposium has evolved into a fundamental scientific cornerstone for research and Shariah rulings (fatwas). It has earned global recognition amongst Islamic banks and financial institutions, a feat which he attributes to ABG’s sustained efforts in fortifying the sector. He emphasizes that ABG’s endeavors have been instrumental in laying the groundwork for expansive growth and enduring sustainability in Islamic finance.
The 43rd Al-Baraka Islamic Economics Symposium promises to be an epicenter of inspiration and innovation. By converging economic acumen with ethical precepts, it seeks to drive transformative change and catalyze the evolution of sustainable economic systems. It is an invaluable opportunity for participants to forge connections, glean insights, and pave new pathways in the burgeoning world of Islamic economics and finance.
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