International Center of Islamic Economy Launched Transformation Forum

Dubai Airport Freezone Authority (DAFZA) and International Center of Islamic Economy (ICIE) concluded the first edition of Transformation Forum, which aims to provide a stimulating environment for the development of Shar’iah-compliant products and services giving an ideal platform for supervisory bodies and financial institutions to share ideas and ways to drive transformation towards Islamic Finance.

The Forum was held on 22 November 2017 in Le Meridien Hotel and Conference Centre, Dubai, United Arab Emirates; it was sponsored by National Bonds Corporation. The first-of-its kind forum showcased many Shar’iah products, activities and services with the participation of key figures in the Islamic Economy sector – including experts, investors, businessmen, financial institutions, government entities and agencies, trade offices from both the public and private sectors, as well as strategic partners and governmental and non-governmental institutions.

Commenting on the forum, Mr. Sultan Al Howymel, Chief Executive Officer of International Center of Islamic Economy, added: “We are proud of the successful launching of Transformation Forum, in cooperation with ICIE’s strategic partner, DAFZA. The Forum helped many investors and entrepreneurs expand their network and gain experience and knowledge of Islamic Economy from the industry’s experts.”

The Forum explored new opportunities and innovative solutions as well as discussion sessions on the challenges of Islamic Economy in its various sectors, which brought together a number of exhibitors working in the Islamic Economy and Shar’iah organizations under one roof. 11 organizations exhibited from different countries specializing in advisory and consultancy services of Islamic Finance and Economy, the most prominent of which are Dar Al Sharia, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Dinar Standard, Al Maali Consulting Group, Amanie Advisors, RAQABA for Islamic Financial Consultations, Minhaj Advisory, International Shariah Research Academy (ISRA), Shariyah Review Bureau, and Islamic Finance Advisory & Assurance Services (IFAAS).