The forum follows the success of the first joint forum held in September 2016 in Tunis, where the forum will be an important catalyst for presenting the most important opportunities for the development of the real economy through Islamic finance.
WAM said the forum will highlight the competitiveness of Islamic financial institutions in Africa and the relevance of their development goals to the United Nations' goals for sustainable development .
The Forum examines how Islamic finance contributes to the achievement of the United Nations development goals, while increasing partnership between governments, the private sector, civil society, other stakeholders and actors.
The participants will have the opportunity to present their views and suggestions on how to stimulate growth and discuss the opportunities and challenges facing Islamic finance in African markets, in line with the objectives and agenda of the United Nations, and offer industry experts from different countries their views on ways and strategies to exploit opportunities and achieve common goals .
The forum will bring together the various stakeholders from the Islamic finance industry, multilateral development institutions, international regulatory bodies, policy makers, banking leaders and the academic community under one roof to discuss how to develop border markets for Islamic finance .
The General Council of Islamic Banks and Financial Institutions is an international organization established in 2001 and headquartered in the Kingdom of Bahrain. The General Council is affiliated with the Organization of Islamic Cooperation. The General Council represents the official umbrella of the Islamic financial industry worldwide. It aims to support and develop the Islamic financial services industry Between members of the General Council and other financial institutions of common interest and objectives .
The General Council has more than 125 financial institutions in more than 33 countries. It includes the most important players in the Islamic financial market, international multilateral institutions, professional associations and associations in the industry and is recognized as one of the main organizations in the structure of Islamic finance .