The IFSB Summit 2017 was held on 23 and 24 October 2017 in St. Regis Hotel, Abu Dhabi, United Arab Emirates, hosted by the Central Bank of the United Arab Emirates (CBUAE).
It was themed, “Reinvigorating the Momentum of Islamic Finance: Solidifying Resilience and Sustaining Growth”.
H.E. Mubarak Rashed Khamis Al Mansoori, the Governor of the CBUAE and host of the IFSB Summit 2017 welcomed the delegates in his welcoming speech and followed by the Acting Secretary-General of the IFSB, Mr. Zahid ur Rehman Khokher who delivered the Opening Remarks.
H.E. Abdullah bin Ahmed Al Saleh, the Under-Secretary of the Ministry of Economy for Foreign Trade and Industry, UAE and Mr. Iqbal Ahmad Khan, the Chief Executive Officer of Fajr Capital Limited, UAE were invited to the Summit to deliver the keynote address at the Opening Session of the IFSB Summit 2017.
While at the Gala Dinner which was held in the evening of 23 October 2017, the Keynote Address was delivered by Professor Dr. Volker Neinhaus, Professor of Economics, University of Bochum, Germany and Visiting Professor at the ICMA Centre, Henley Business School, University of Reading, United Kingdom.
21 chairpersons and speakers who were deputy and asisstant governors, heads as well as senior financial sector supervisors and experts from international financial institutions participated and panelled the following sessions:
1.Islamic Finance: From Niche to Mainstream” The FinTech
2.Innovative Progression: Boon or Bane for Traditional Financial Institutions?
3.Implementing New Regulatory Reforms: Balancing between the Soundness and Competitiveness of IIFS”,
4.Islamic Capital Markets: Towards Greater Harmonisation in Cross Border Activities”
5.The Way Forward for Islamic Finance: Strengthening Value Proposition, Sustaining Resilience
The IFSB Summit 2017 saw the participation of key Islamic financial services industry leaders, from among regulatory and supervisory authorities, international and regional multilateral organisations, financial institutions from over 25 countries as well as the local UAE financial community.