Islamic Finance Conference 2019: Emerging Trends in Islamic Finance
In the past decade, the Islamic Financial system has emerged as an ethically sound, robust and internationally recognized form of financial intermediation. Globally, the Islamic Finance industry is experiencing double digit growth with assets estimated as 2.4 Trillion USD in 2018 and a CAGR of 6% since 2012.
However, the global share of Islamic Finance is yet to take surge. The growing popularity of mobile banking has led to the emergence of several 'disruptor banks' with digital branches. These banks have attracted customers in millions which has made several big players like HSBC to imitate the model. Digitalization has become a major trend in the Islamic Finance industry as well as the global financial system. The Islamic Finance Development Report projects a potential growth of 3.8 Trillion USD in industry assets by 2023 considering the multi-sectoral performance of the industry with the boost of digitalization.
However, the concepts of digital banking and Fintech are still new for the Islamic Finance Industry. With the launch of Shari'ah compliant crowdfunding and crypto currency startups in recent years, there is tremendous scope of exploring how digitalization can surge the growth of Islamic Finance. Research plays a pivotal role in sustaining the current growth of Islamic Banking and Finance, increasing the global contribution of the industry, and achieving the projected growth targets.
The primary objective of the Islamic Finance Conference 2019 is to provide a platform for distinguished research on the emerging trends which are the determinants of the future growth of the industry. Apart from digitalization, the conference is welcoming papers from various other aspects including sustainable growth, inclusion of women, Islamic social finance, liquidity management solutions and others.
The conference is a platform for researchers, academicians, professionals and students to explore, discuss and propose the course of action to achieve targeted industry growth. By inviting papers from a wide range of emerging trends in the Islamic Finance industry, the IFC'19 aims to contribute well-thought and practical solutions for growth as well as to identify the action plan and contemporary strengths and weaknesses of the industry.
|October 31, 2019||November 16, 2019||December 9, 2019|