Under the patronage of Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al-Thani, the eighth Doha Islamic Finance Conference will kick off on March 15, under the title “Digital FinTech and Decentralization”.
The conference is being organized by Bait Al-Mashura Finance Consultation, in partnership with the Ministry of Commerce and
The conference will see an international participation by governmental institutions, international organizations, and financial and academic institutions in the fields of economy, finance and technology, in an academic partnership with the College of Sharia and Islamic Studies at Qatar University and the College of Islamic Studies at Hamad Bin Khalifa University. The outcomes of the conference are expected to contribute to the development of the Islamic finance industry in the State of Qatar and the world.
Chairman of the Organizing Committee of Doha Islamic Finance Conference and Vice Chairman of Bait Al-Mashura Finance Consultation, Dr. Khalid bin Ibrahim Al Sulaiti, said that the 8th Doha Islamic Finance Conference represents an extension of previous conferences that focus on discussing the reality of Islamic finance, its challenges and opportunities, according to forward-looking and future visions for this important sector.
Dr. Al Sulaiti explained that the current edition of the conference will discuss the topic of digital financial technology and decentralization through four main themes: Supervisory Entities and Decentralized Digital FinTech; Shariah Rulings for Decentralized Digital FinTech; Decentralized Digital FinTech Products; and Use cases of Decentralized Digital FinTech.
Dr. Al Sulaiti added that the 8th Doha Islamic Finance Conference will be distinguished by the Community Financial Culture Week, which will be held as part of the conference’s activities from March 13 to 17, in an effort to spread financial culture, and provide different community groups with knowledge and skills that enable them to practice financial behaviors in the world of digital financial technology according to a sound
Dr. Al Sulaiti pointed to the data issued by the “DinarStandard” for research and consulting, which revealed that the State of Qatar ranks 10th in the world in Islamic financial technology among a list of 64 countries, while it is estimated that the financial technology sector in the country will record an annual growth of 20%, reaching the level of QR 7.64 billion ($2.1 billion) by 2025.