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Doha Islamic Finance Conference Concludes with Key Insights

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The Ninth Doha Islamic Finance Conference, wrapped up in Doha, State of Qatar, on March 14, 2023, under the title “Islamic Finance and Challenges of Web 3.0.” The event was held under the patronage of His Excellency Sheikh Mohammed bin Abdul Rahman Al Thani, Prime Minister and Minister of Foreign Affairs, with official sponsorship from the Ministry of Commerce and Industry and strategic partnership from Dukhan Bank.

Diamond sponsorship was provided by the General Department of Endowments at the Ministry of Endowments and Islamic Affairs. At the same time, Qatar Financial Center, Damaan Islamic Insurance Company (Beema), and Konya Real Estate Company contributed silver sponsorship.

The conference featured scientific sessions covering four main themes: “Islamic Finance in the World of Metaverse,” “RegTech and SupTech in Islamic Finance,” “Cross-border Finance and its Impact on Islamic Finance,” and “Sustainability in Digital Finance.” The topics were presented by participating scholars, academics, and specialists, with discussions and interventions enriching the conference’s themes.

At the conference’s conclusion, attendees expressed gratitude to the State of Qatar for generously sponsoring the event and to the organizers and sponsors for their support.

Key objectives and recommendations included that financial transactions in the virtual world with underlying blockchain technology do not, in principle, conflict with Islamic jurisprudence’s rulings. Islamic banks were urged to leverage metaverse technology to expand into new markets and sectors. At the same time, endowment institutions were encouraged to create virtual spaces to introduce the endowment’s history, roles, and products.

Integrating metaverse-based solutions into Islamic endowment institutions’ operations was also recommended to streamline the collection and management of endowment funds with transparency and high efficiency. Scholars and practitioners should intensify cooperation to design virtual products and services that comply with Islamic law. In contrast, artificial intelligence techniques and virtual reality applications can be utilized to develop Sharia governance mechanisms in Islamic financial institutions.

Finally, Islamic financial institutions should consider creating their virtual ecosystem to introduce Islamic financial products and assets of the Islamic economy and finance. Further research is recommended to offer suitable solutions that enable states and institutions to benefit from this novel world.


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EVENTS & ANNOUNCEMENTS

AFRIEF Launches Inaugural New Year School to Explore the Dynamics of a Changing Global Economy

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The Africa Islamic Economic Forum (AFRIEF) is pleased to announce the launch of the Inaugural AFRIEF New Year School, an innovative educational platform designed to explore the complexities of the global economy in a time of unprecedented transformation. The school will begin in January 2025, marking a new chapter in economic thought leadership.

As the world witnesses a shifting economic landscape, with power moving from the West to the East and North to the South, AFRIEF aims to provide a space for scholars, practitioners, policymakers, and entrepreneurs to gain in-depth knowledge and practical tools for navigating these changes. The program is specifically designed to explore the evolving role of Islamic economics and finance, offering participants a comprehensive understanding of this alternative economic system and its potential to shape a more inclusive and sustainable global economy.

“We live in a time where global economic dynamics are rapidly changing. The AFRIEF New Year School offers a timely opportunity to reflect on these shifts, and to engage with experts and thought leaders on the best ways to address the challenges and opportunities presented by these transformations,” said Mr Baba Yunus Muhammad, President of AFRIEF.

Program Overview:

The AFRIEF New Year School will offer a diverse curriculum, including:

  • Islamic Economics as an Alternative Economic System
  • The Role of Islamic Finance in Global Economic Development
  • Sustainable Development and Social Equity
  • Islamic Entrepreneurship and Innovation
  • Global Economic Shifts and their Impact on Africa

Participants will engage with a range of experts from across the globe, discussing the latest trends and innovations in Islamic economics and finance, and how they can be leveraged to tackle global challenges such as poverty, inequality, and environmental sustainability.

Aims of the Program:

The program’s objectives include:

  • Empowering participants with insights into the past, present, and future of global economics.
  • Providing actionable tools for navigating the changing economic landscape.
  • Promoting innovative thinking and solutions within the framework of Islamic economic principles.
  • Building a global network of thought leaders, scholars, and practitioners focused on sustainable economic development.

About AFRIEF:

The Africa Islamic Economic Forum (AFRIEF) is a platform dedicated to promoting Islamic economics, finance, and development across the African continent and beyond. Through its educational programs, research, and advocacy, AFRIEF seeks to foster inclusive growth, promote financial literacy, and contribute to shaping a more just and sustainable global economy.

The AFRIEF New Year School will provide a unique opportunity for participants to learn, network, and collaborate with like-minded individuals committed to advancing Islamic economic thought and practice.

Registration:

Registration for the AFRIEF New Year School is now open. Interested participants can visit the official website  for more information on course offerings, speakers, and registration details.

For press inquiries or further information, please contact: info@afrief.org

 


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EVENTS & ANNOUNCEMENTS

Global Vision 2000 Think Tank Hosts 8th Eschatology Event

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The Global Vision 2000 Think Tank is set to host its 8th Eschatology Conference under the theme: “Entering the Final Stages of End Times.” This pivotal event aims to explore the profound and transformative shifts reshaping the world, engaging diverse religious and academic perspectives.

Conference Highlights

The conference unfolds at a critical juncture marked by:

  • Global Reset and Transition: A world shifting from a unipolar to a multipolar power structure.
  • Twin Crises: A convergence of economic turmoil stemming from an impending global financial meltdown and escalating regional wars, particularly in Ukraine and the Holy Land.

As tensions rise globally, regional conflicts increasingly involve major world powers, heightening fears of a third world war. These challenges underline the urgency for societies, policymakers, and individuals to prepare effectively for the profound uncertainties ahead.

Eschatology and the Current Global Context

Director Moeen Yaseen emphasizes:
“This year’s eschatology conference coincides with an unprecedented period of transition, particularly as we approach significant geopolitical shifts, including the new U.S. administration under the Trump regime. We aim to bring clarity to the Abrahamic eschatologies, focusing on unfolding realities in the Holy Lands and their broader implications.”

Key topics will include:

  • Economic Crisis: Exploring the decline of the Western monetary system, escalating debt crises, and the long-term consequences of monetary debasement and hyperinflation.
  • Regional Conflicts and Global Power Dynamics: Examining the intensifying volatility in Ukraine and the Holy Land.
  • Post-Capitalist Futures: Projections of what might emerge after the collapse of the current monetary and capitalist systems, including post-humanism and techno-feudalism.

Interfaith and Scholarly Dialogue

The conference will feature an interfaith panel of leading Jewish, Christian, and Muslim scholars, thinkers, and journalists, fostering a rich dialogue on:

  • Jewish, Christian, and Islamic Eschatologies: Comparative insights on prophetic traditions and end-time narratives.
  • Implications for Syria and the Holy Land: Discussions on their roles as eschatological flashpoints.
  • The Role of Technology and Society: Addressing the challenges of techno-feudalism and the hijacking of religious narratives.

Shaping the Discourse for a New Era

This conference underscores the importance of understanding and navigating these turbulent times. As economic systems face collapse and geopolitical tensions escalate, Global Vision 2000 seeks to provide critical perspectives to illuminate the path forward.

For more information and to register for this landmark event, visit Global Vision 2000’s website or contact us at [contact details].

About Global Vision 2000
Global Vision 2000 is a forward-thinking think tank focused on exploring transformative global challenges and solutions, with a particular emphasis on economic, societal, and eschatological frameworks. Global Vision 2000 is a strategic partner of the Africa Islamic Economic Forum.


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EVENTS & ANNOUNCEMENTS

AFRIEF Launches Inaugural New Year School to Explore the Dynamics of a Changing Global Economy

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A NEW YEAR SCHOOL

The Africa Islamic Economic Forum (AFRIEF) is pleased to announce the launch of the Inaugural AFRIEF New Year School, an innovative educational platform designed to explore the complexities of the global economy in a time of unprecedented transformation. The school will begin in January 2025, marking a new chapter in economic thought leadership.

As the world witnesses a shifting economic landscape, with power moving from the West to the East and North to the South, AFRIEF aims to provide a space for scholars, practitioners, policymakers, and entrepreneurs to gain in-depth knowledge and practical tools for navigating these changes. The program is specifically designed to explore the evolving role of Islamic economics and finance, offering participants a comprehensive understanding of this alternative economic system and its potential to shape a more inclusive and sustainable global economy.

“We live in a time where global economic dynamics are rapidly changing. The AFRIEF New Year School offers a timely opportunity to reflect on these shifts, and to engage with experts and thought leaders on the best ways to address the challenges and opportunities presented by these transformations,” said [Your Name], President of AFRIEF.

Program Overview:

The AFRIEF New Year School will offer a diverse curriculum, including:

  • Islamic Economics as an Alternative Economic System
  • The Role of Islamic Finance in Global Economic Development
  • Sustainable Development and Social Equity
  • Islamic Entrepreneurship and Innovation
  • Global Economic Shifts and their Impact on Africa

Participants will engage with a range of experts from across the globe, discussing the latest trends and innovations in Islamic economics and finance, and how they can be leveraged to tackle global challenges such as poverty, inequality, and environmental sustainability.

Aims of the Program:

The program’s objectives include:

  • Empowering participants with insights into the past, present, and future of global economics.
  • Providing actionable tools for navigating the changing economic landscape.
  • Promoting innovative thinking and solutions within the framework of Islamic economic principles.
  • Building a global network of thought leaders, scholars, and practitioners focused on sustainable economic development.

About AFRIEF:

The Africa Islamic Economic Forum (AFRIEF) is a platform dedicated to promoting Islamic economics, finance, and development across the African continent and beyond. Through its educational programs, research, and advocacy, AFRIEF seeks to foster inclusive growth, promote financial literacy, and contribute to shaping a more just and sustainable global economy.

The AFRIEF New Year School will provide a unique opportunity for participants to learn, network, and collaborate with like-minded individuals committed to advancing Islamic economic thought and practice.

Registration:

Registration for the AFRIEF New Year School is now open. Interested participants can visit the official website for more information on course offerings, speakers, and registration details.

For press inquiries or further information, please contact:info@afrief.org

 


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