Al Baraka Group sponsors 45th edition of AlBaraka Islamic Economics Symposium in Madinah

TDT | Manama

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Al Baraka Group has announced its sponsorship as a “Global Partner” for the 45th edition of AlBaraka Islamic Economics Symposium, which will take place on April 16–17, 2025, under the theme: “Islamic Banking in Fifty Years: Past Achievements and Future Aspirations.” The event will be hosted at the University of Prince Muqrin in Madinah, Saudi Arabia.

This prestigious global symposium will bring together a distinguished group of scholars, jurists, bankers, and academics. It will feature numerous key sessions and workshops focusing on the evolution of Islamic banking over the past 50 years, including legislative and jurisprudential developments, global market expansion, and innovative pathways such as Islamic windows and acquisitions while maintaining its Islamic identity. The symposium will also address Shariah governance, Sharia supervisory boards, and international Sharia standards as a solid foundation for Islamic banking.

Moreover, the discussions will cover critical topics related to the role of Islamic banks in socio-economic development and the future of Islamic banking amidst challenges and promising opportunities.

The symposium’s agenda will include a panel discussion on the role of banking groups in leading the Islamic finance sector and promoting Islamic economic principles. Additionally, there will be two specialized workshops focusing on new governance standards by AAOIFI and mechanisms for developing Islamic financial products through financial engineering tools, in addition to various accompanying activities, such as distributing AlBaraka Forum awards, showcasing new projects, and signing memorandums of understanding.

Al Baraka Group is committed to sponsoring AlBaraka Islamic Economics Symposium annually and providing all necessary support to ensure its success. Over the past decades, the symposium has played a crucial role in establishing and developing the jurisprudential foundations of Islamic banking and economics. It has also served as a scholarly reference for academic research, Shariah committees, and fatwa bodies, thus safeguarding the integrity of Islamic banking in serving societies and contributing to sustainable development.