From the World Summit on Islamic Economy in the presence of the Turkish President
In the presence of Turkish President Recep Tayyip Erdogan, the activities of the Second World Summit of the Islamic Economy organized by the Al -Baraka Forum for three days, with the participation of a group of decision makers, leaders of economic thought and intellectual and economic figures from different countries of the world.
In his speech at the opening session of the summit works, the Chairman of the Board of Trustees of Al -Baraka Forum for Islamic Economy, Abdullah Saleh Kamel, confirmed that the Arab region is witnessing today an accelerated movement led by several prominent capitals such as Riyadh, Abu Dhabi and Doha, which reflects qualitative transformations in economic, political and cultural paths, and enhances the position of the region as an influential center in the new global economy.
Kamel explained that the accelerating economic transformations witnessed by the world require the development of new models more in line with human values and justice, noting that the Islamic economy provides an integrated framework that can be applied flexible, especially in countries that witness institutional maturity and ability to initiate, as is the case in a number of Gulf capitals.
Kamel added that the tools of Islamic economics such as endowment, sukuk and solidarity are not theoretical concepts, but rather practical solutions that have proven their usefulness, and through which a stable and fair financial system can be built, whenever the institutional vision and strategic investment are available, stressing the importance of Arab financial institutions adopting financing models that depend on complementarity between profitable goals and social dimension, which is the equation that represents a real key to development Sustainable.
It is noteworthy that the Al -Baraka Forum for Islamic Economy is an independent and non -profit international intellectual platform, its first seminars started in Medina in 1981, and the forum continues its efforts in promoting Islamic economic thought through annual international meetings, bringing together a group of experts, decision makers and practitioners from different countries of the world, to enrich the research stock and serve the knowledge structure of the Islamic economy.
