Archives: News

The 14th edition of the World Islamic Economic Forum (WIEF) is set to take place at the Abu Dhabi National Exhibition Centre (ADNEC) from 6 to 8 February 2024. Hosted by the Abu Dhabi Department of Economic Development (ADDED), this flagship event aims to forge a sustainable future by tackling vital challenges, exploring novel opportunities, and showcasing innovative strategies and solutions for socio-economic advancement.

Launched in 2005 by the WIEF Foundation, the forum serves as a vital platform for dialogue and knowledge exchange among senior government officials, academics, and business leaders worldwide. With the theme “Global Economic Agenda: Shaping a Sustainable Future,” the 14th edition will bring together influential leaders, policymakers, scholars, and industry experts to engage in discussions that will shape the future of the global economy.

Ahmed Jasim Al Zaabi, chairman of the Abu Dhabi Department of Economic Development (ADDED), said, “Hosting the World Islamic Economic Forum is part of our ongoing efforts to foster smart, sustainable, and inclusive socio-economic development globally. Through cooperation and dialogue with key global players, we aim to find innovative solutions that benefit present and future generations.”

Taking place shortly after UNCTAD’s World Investment Forum and COP 28, the WIEF will provide a unique platform to build upon the discussions and outcomes of these significant conferences.

Participants can expect in-depth discussions on topics shaping today’s and tomorrow’s economies, including the role of advanced technologies and digital transformation, key drivers of the global economy, and the growing influence of Asian economic powerhouses. The event will also address trends, opportunities, and strategies developed in the Middle East, specifically focusing on Abu Dhabi’s future investment landscape.

Anticipated to attract more than 2,500 participants from 80 countries, including leaders, key industry players, and media representatives from Central Asia, the Middle East, Asia Pacific, and beyond, the forum will feature panel discussions on crucial topics such as ESG, green economy and Islamic finance, food security, the Halal industry, the role of youth and women in business, trade relations, investment opportunities, and technology-driven solutions for economic growth.

For more details and inquiries, please visit the official website of the World Islamic Economic Forum at www.wief.org.

Click here to view the original piece of the article.

The 14th edition of the World Islamic Economic Forum (WIEF) will focus on shaping a sustainable future by addressing key challenges, exploring new opportunities, and showcasing the latest innovative strategies and solutions to drive socio-economic development.

The flagship forum, launched in 2005 by the WIEF Foundation to strengthen dialogue and exchange of knowledge between senior government officials, academics, and business leaders from around the globe, will bring together influential leaders, policymakers, scholars, and industry experts to engage in discussions and shape the future of the global economy.

The 14th edition, to be held at the Abu Dhabi National Exhibition Centre (ADNEC), is themed “Global Economic Agenda: Shaping a Sustainable Future” as it strives to reach innovative solutions to pressing challenges facing the global community.
His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: “Hosting the World Islamic Economic Forum is part of our efforts to shape a smart, sustainable, and inclusive socio-economic development in the world. Inspired by our leadership’s vision and approach, we believe cooperation and dialogue with key players in the global stage will enable us to reach innovative solutions that serve current and future generations”.

H.E. Al Zaabi adds: “As it will convene few weeks after UNCTAD’s World Investment Forum and COP 28, the World Islamic Economic Forum (WIEF) will provide a unique platform to build upon the discussions and outcomes of these major conferences. The participants will gain insight into the most prominent trends in the global economy, discuss strategies, share knowledge, reach innovative solutions, and work collaboratively to create a more sustainable and equitable economic landscape.”

“14th WIEF promises to be a landmark event where the brightest minds and influencers from various sectors will converge to drive meaningful discussions and pave the way for a more sustainable economic future. We look forward to a successful event,” said Tan Sri Dr Syed Hamid Albar, Chairman of WIEF Foundation.

The Forum is expected to attract more than 2,500 participants from 80 countries, including leaders, role players, and media representatives from Central Asia, the Middle East, Asia Pacific and beyond.

Click here to view the original piece of the article.

KUALA LUMPUR: Malaysia’s success in Islamic finance is a model for other countries in the world, World Islamic Economic Forum Foundation (WIEF Foundation) managing director Datuk Syed Abu Bakar S Mohsin Almohdzar said.

He credited the achievement to the unique structure of Islamic finance in Malaysia that is governed by Bank Negara, which sets it apart from other countries.

“Malaysia has been looked at as the forefront and also the success story regarding Islamic finance because Islamic finance in this country is structured under Bank Negara unlike elsewhere … under the purview of the central bank,” he said during 14th World Islamic Economic Forum press conference today.

The 14th edition, to be held at the Abu Dhabi National Exhibition Centre, is themed “Global Economic Agenda: Shaping a Sustainable Future” on Feb 6 to 8 2024.

The forum will focus on shaping a sustainable future by addressing key challenges, exploring new opportunities, and showcasing the latest innovative strategies and solutions to drive socio-economic development.

“Previously, the forum extensively discussed Islamic finance. Now, we have a topic related to Islamic finance, but we are also discussing sustainability and the environment. We must adapt to the times, but we never forget Islamic finance is the main component of the Malaysian economy and the success story is here,“ he said.

WIEF Foundation chairman Tan Sri Dr Syed Hamid Albar similarly stated, “WIEF pioneered the platform to discuss on Islamic finance and banking as well as Waqaf which are all issues of importance. There will be a follow-through to that,” he added.

He said the forum is also an opportunity for Malaysia to go on a global stage to explain about Malaysia’s Economic Madani policy.

“When talking about the Madani Economy, this is an opportunity for us to explain it all, because the people who will be attending are from the government, business leaders.

“We have workshops and also networking. Various ministries will be participating. It will provide a platform for us to communicate, explain, and also to create and establish better understanding of what Malaysia can offer,” Syed Hamid added.

The forum’s panel discussions will focus on ESG, green economy and Islamic finance, food security, halal industry, role of youth and women in business, trade relations, investment opportunities, and technology-driven solutions for economic growth.

Click here to view the original piece of the article.

ABU DHABI: The 14th edition of the World Islamic Economic Forum (WIEF), to be hosted by the Abu Dhabi Department of Economic Development (ADDED) between 6 and 8 February 2024, will focus on shaping a sustainable future by addressing key challenges, exploring new opportunities, and showcasing the latest innovative strategies and solutions to drive socio-economic development.

The flagship forum, launched in 2005 by the WIEF Foundation to strengthen dialogue and exchange of knowledge between senior government officials, academics, and business leaders from around the globe, will bring together influential leaders, policymakers, scholars, and industry experts to engage in discussions and shape the future of the global economy.

The 14th edition, to be held at the Abu Dhabi National Exhibition Centre (ADNEC), is themed “Global Economic Agenda: Shaping a Sustainable Future” as it strives to reach innovative solutions to pressing challenges facing the global community.

His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED), said: “Hosting the World Islamic Economic Forum is part of our efforts to shape a smart, sustainable, and inclusive socio-economic development in the world. Inspired by our leadership’s vision and approach, we believe cooperation and dialogue with key players in the global stage will enable us to reach innovative solutions that serve current and future generations”.

H.E. Al Zaabi adds: “As it will convene few weeks after UNCTAD’s World Investment Forum and COP 28, the World Islamic Economic Forum (WIEF) will provide a unique platform to build upon the discussions and outcomes of these major conferences. The participants will gain insight into the most prominent trends in the global economy, discuss strategies, share knowledge, reach innovative solutions, and work collaboratively to create a more sustainable and equitable economic landscape.”

“14th WIEF promises to be a landmark event where the brightest minds and influencers from various sectors will converge to drive meaningful discussions and pave the way for a more sustainable economic future. We look forward to a successful event,” said Tan Sri Dr Syed Hamid Albar, Chairman of WIEF Foundation.

During the three-day event, participants will have the opportunity to engage in discussions covering main topics that are influencing todays and tomorrow’s economy including the role of advanced technologies and digital transformation, global economy’s key drivers and the rising role of Asian economic powerhouses. It will also address trends, opportunities, and strategies developed in the Middle East for a better future and investment landscape in Abu Dhabi.

The Forum is expected to attract more than 2,500 participants from 80 countries, including leaders, role players and media representatives from Central Asia, the Middle East, Asia Pacific and beyond.

The forum’s panel discussions will focus on ESG, green economy and Islamic finance, food security, Halal industry, role of youth and women in business, trade relations, investment opportunities, and technology-driven solutions for economic growth.

Click here to view the original piece of the article.

KUALA LUMPUR, Nov 7 (Bernama) — The 14th World Islamic Economic Forum (14th WIEF) in February next year can be a crucial platform for Malaysia to showcase the country’s Madani economic concept to the Islamic world.

WIEF Foundation chairman Tan Sri Dr Syed Hamid Albar said it is therefore an opportune time for Malaysia to network with leaders, governments and corporate entities to convey Malaysia’s investment policies and its commitment towards building a more sustainable Islamic economy.

At a press conference today, he said the upcoming WIEF in Abu Dhabi, United Arab Emirates, is expected to attract 3,000 global participants from 80 countries, with 50 corporate leaders likely to take part.

“To boost investments, we need to show to the world that we are back on track and we have very good investment policies,” he said.

He added that Abu Dhabi’s global status enables networking with policymakers and thought leaders, offering opportunities for collaborations and investments that amplify WIEF’s global impact.

Abu Dhabi is also a key financial hub and the 14th WIEF is set to attract major Islamic institutions and corporates.

WIEF Foundation managing director Datuk Syed Abu Bakar S. Mohsin Almohdzar said Malaysia has always been seen as being at the forefront of and a success story in Islamic finance.

The 14th WIEF, to be held from Feb 6 to 8, 2024, at the Abu Dhabi National Exhibition Centre, aims to strengthen and foster strategic alliance via the exchange of knowledge to improve economic prosperity as well as boost trade and business opportunities among the Islamic economies and worldwide.

The latest edition of WIEF will put an emphasis on environmental, social and governance (ESG), which shares similar ethics as Islamic principles, valuing business and social impact while avoiding unethical practices.

— BERNAMA

Click here to view the original piece of the article.