ISTANBUL (AA) – Within the scope of the 3rd Global Islamic Economy Summit, AlBaraka First Strategic Report was introduced and various memorandums of understanding were signed. The 3rd Global Islamic Economy Summit, held at Istanbul Financial Center Halkbank Headquarters, under the auspices of the Presidency and within the scope of the AlBaraka Summit Series, of which Anadolu Agency is the “Global Communication Partner”, continues on its second day.
As part of the summit, the promotional film of AlBaraka First Strategic Report was shown. In the film, it was stated that the report was built on 5 main pillars: “Islamic financial institutions”, “global halal industry”, “Islamic social finance”, “the economy of religious institutions and worship” and “macroeconomic realities of the Organization of Islamic Cooperation (OIC) countries”. After the movie, Yousef Hassan Khalawi, Secretary General of AlBaraka Islamic Economy Forum, made evaluations.
Khalawi stated that they aimed to create global events throughout the year by implementing their first initiative five years ago and said, “Five years later, as of today, we have managed three summits and two regional conferences every year. There is no other organization that does this in the field of Islamic finance.” he said. Informing that the second initiative they started today is to create a reporting system for the Islamic economy, Khalawi said, “The report deals with five different columns.
The lack of data, especially in the third and fourth columns, draws attention. For example, when we look at large examples in the field of socioeconomics, we see deficiencies in numerical data regarding these areas.” he said. Calling for the development of an accurate and comprehensive reporting system for the Islamic economy, Khalawi said: “In general, the Islamic economy performs well in the first two pillars. There are various qualified reports in these areas, but there is still a need for improvement.
On the other hand, the lack of data in the third and fourth pillars is quite large. We achieved success in our first attempt by cooperating with the world’s leading stakeholders.” Likewise, in this new initiative, we aim to develop a successful project or approach by working with many stakeholders here today.” – Plaque for AA. Within the scope of the summit, memorandums of understanding were also signed between the General Council of Islamic Banks and Financial Institutions and the Arbitration Center of the Organization of Islamic Cooperation, the Saleh Kamel Islamic Economy Award and Istanbul Sabahattin Zaim University, AlBaraka Islamic Economy Forum and the Organization of Islamic Cooperation Publishing and Television Association, and finally, Ibn Haldun University and the Malaysian Capital Markets Board.
Comments
You can write your views about this story. Comments may be moderated according to site settings.