The Global Islamic Economy Summit Series is hosting a webinar on digitisation in Islamic banks this November.
Digitization of Banking: Lessons Learned from 2020 will be held on 10 November, 2020 at 1 pm, GMT +4. Islamic banks have been affected by this year's pandemic as customers postpone payments under government-instituted loan deferment programmes. However, there are also growth areas such as for digital finance, as well as market demand from capital markets with multilaterals (Islamic Development Bank), sovereigns (Indonesia) and corporate issuers in Malaysia, Indonesia, the UAE and KSA. This webinar will cover key lessons from this year that can increase industry resilience against future crises and pandemics.
The Global Islamic Economy Summit (GIES) is the world’s largest and most inclusive gathering for the Islamic economy. While the annual GIES event has been postponed, the organisers are hosting a virtual series that will be covering a range of the Islamic economy including Islamic finance, halal food and halal lifestyle.
The sessions are designed to:
- Facilitate collaboration in addressing the potential challenges the industry faces in the post-COVID-19 era.
- Explore new ideas and exchange knowledge on ways to optimise the development of key Islamic economy sectors
- Stimulate discussion among all stakeholders as to how to become innovative, interconnected and impactful.
- Encourage Islamic economy businesses to leverage technology to bypass traditional barriers to entry.
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