Qatar Islamic Bank (QIB), Qatar’s leading Islamic bank, has announced that it is the main sponsor of the “ADFIMI International Development Forum” slated on April 25 and 26 at the Ritz-Carlton in Qatar.
The Association of National Finance Development Institutions (ADFIMI) in member countries of the Islamic development bank started its operations in 1987 to support sustainable economic development across the region.
During the forum, representatives from central banks, development finance institutions (DFIs), and academia will discuss how practices and policies, especially following the recent global financial crisis, have shaped the current economic climate and suggest a path forward.
The forum, held under the patronage of Qatar Central Bank (QCB) Governor HE Sheikh Abdullah bin Saud al-Thani, will also examine how the work of DFIs can be used to complement the policies set by central banks.
“As one of the premier Islamic banks in the world, QIB is proud to support ADFIMI and the wider Islamic banking industry. This event has gathered a distinguished group of professionals from around the globe, and we are pleased to be part of this important discussion on the future of financial policy, as well as providing support through our sponsorship,” said Bassel Gamal, QIB Group CEO.
The forum will also feature panel discussions with speakers from leading universities, central banks, and development banks in Europe, the US, the Middle East, and Africa.
The actions of central banks and DFIs can have a significant impact on the development and stability of nations. The ADFIMI forum seeks to answer the question of how central banks and DFIs can maintain the delicate balance between promoting economic growth, sustaining financial stability, and managing inflation.
“QIB prides itself on anticipating policy changes that could affect our customers’ assets and the types of financial products that our bank can offer. Being a part of the ADFIMI International Development Forum gives us an insight into what could potentially change in the coming years and how that might affect our banking customers and the Qatari economy as a whole,” he added.