In a recent livestream event, experts gathered to discuss the evolving landscape of Islamic finance and wealth management. The event, titled “IFWMI – AZKA: Emergence and Emerging Ideas in Islamic Finance and Wealth Management,” featured Prof. Dr. Mehmet Asutay from Durham University and Prof. Dr. Amir Shaharuddin from Universiti Sains Islam Malaysia.
Key Highlights:
- Beyond Compliance: The event aimed to go beyond the basics of Shariah compliance and delve into innovative ideas reshaping Islamic finance. This approach reflects the growing dynamism in the field.
- Renowned Scholars: Prof. Dr. Mehmet Asutay and Prof. Dr. Amir Shaharuddin, both distinguished scholars, shared their insights. Prof. Dr. Zurina Shafii moderated the discussion, ensuring a fruitful exchange of ideas.
- Exploring Innovation: The scholars discussed how innovation is driving change in Islamic finance, making it more accessible and efficient. New financial instruments and technologies are reshaping the industry.
- Ethical Finance: Ethical and responsible investment was a central theme. The speakers highlighted how these principles align with Shariah, offering a unique perspective on sustainable finance.
- Global Impact: The event highlighted the global reach of Islamic finance. It’s not limited to a specific region but is being adopted and adapted worldwide.
- Challenges and Strategies: The scholars candidly addressed challenges facing Islamic finance and offered strategies to overcome them.
Key Takeaway:
The event emphasized that Islamic finance isn’t just about compliance but also about innovation, ethics, and responsible investment. It’s a dynamic field with significant potential in the global financial industry. Events like these foster knowledge sharing and contribute to the growth of Islamic finance.
In conclusion, this livestream discourse showcased the evolving nature of Islamic finance and the importance of staying at the forefront of innovation in the industry. It’s a field that offers ethical and sustainable financial solutions, making it increasingly relevant in today’s world.
