JAKARTA - The Islamic Financial Service Board (IFSB) Innovation Forum has been officially launched at the 2019 Indonesia Sharia Economic Festival (ISEF). The forum aims to showcase innovative sharia-compliant finance products and services which significantly impact on financial inclusion, economic growth, and sustainable development.
“The IFSB Innovation Forum is a new biennial event to enhance knowledge about latest technological developments, coordinate initiatives, and provide a platform for exchanging views on most recent innovative Islamic finance instruments and regulatory approaches,” wrote an official statement received by IDNFinancials.com, Wednesday (13/11).
According to IFSB Secretary-General Dr Bello Lawal Danbatta, the IFSB Innovation Forum provides a platform for regulators and market players “to present ideas on technological developments that will foster the future growth of sustainable Islamic finance”.
“[The forum] shall foster the understanding and development of an efficient, competitive, sound, and innovative IFSI in a rapidly changing global socio-economic environment,” wrote the statement. (MS)