5th International Conference on Sustainable Islamic Business and Finance

The Islamic finance industry is poised for significant growth, with global assets projected to reach $6 trillion by 2026 and $6.67 trillion by 2027 (Source: IBS intelligence & LESG). This expansion is driven by increasing demand in core markets such as the GCC and Asia-Pacific, where countries like Bahrain, Saudi Arabia, UAE, Malaysia, and Indonesia lead the sector. Key factor shaping the future is digitalization. “Innovations like digital sukuk issuance and the rise of Islamic fintech are transforming the sector, though adoption remains gradual” (Source: SP Global & Walkers Global). Additionally, integration of Shariah principles with environmental, social, and governance (ESG) goals is fostering sustainable finance initiatives (Source: IBS intelligence).

Since digitalization is reshaping Islamic finance by fostering innovation while maintaining Shariah compliance and technologies like blockchain, AI, and cloud computing are not only improving operational efficiency but also expanding access to ethical financial products globally. Therefore, the central theme of the conference is

“Islamic Finance and the Digital Economy: Navigating the Intersection of Technology, Ethics, and Sustainability”

This theme explores the growing role of technology in Islamic finance, including fintech, blockchain, and digital currencies. It examines how these technologies can be used to promote financial inclusion, sustainability, and ethical practices.

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain-based leading international not-for-profit organization primarily responsible for development and issuance of standards for the global Islamic finance industry, will collaborate and provide input on the agenda.

The conference is aimed at a diverse audience, including:

• Academics and researchers specializing in Islamic finance, sustainability, and related fields.
• Professionals from Islamic financial institutions, banks, investment firms, and asset management companies.
• Entrepreneurs and business leaders are interested in incorporating sustainability into their operations.
• Policymakers and regulators shaping the future of Islamic finance and sustainable development.
• NGOs and social development organizations are working on poverty alleviation and environmental initiatives.

We anticipate that 5^th International Conference on Sustainable Islamic Business and Finance will keep contributing to

• Raise awareness and understanding of sustainable Islamic business and finance practices & collaboration and knowledge sharing among different stakeholders.
• Explore how digital technologies can be leveraged to promote sustainable and responsible investment within the framework of Islamic finance, contributing to the achievement of the UN Sustainable Development Goals (SDGs)
• Equip participants with the tools and knowledge to implement sustainability within their organizations.
• Contribute to the development of a roadmap for the future of Islamic finance in the digital age, providing insights and recommendations for policymakers, regulators, financial institutions, and researchers.