13th World Islamic Economic Forum to chart future of halal industry, Islamic finance

  • The upcoming 13th edition of the World Islamic Economic Forum (13th WIEF) will serve as a comprehensive platform for participating nations to deliberate on the future of the global halal and Islamic finance industries.
  • WIEF Foundation secretary-general Tan Sri Ahmad Fuzi Abdul Razak said the impact of the Fourth Industrial Revolution, apart from the need to formulate a standard framework to develop the halal industry, the Syariah-compliant banking sector would also take centre stage during the three-day forum.
  • Fuzi said Malaysia was capable of playing a leading role in the development of Islamic banking and finance — a sector that has been continuously championed by the forum since its inception 13 years ago.
  • Malaysia, he said, has introduced a policy, which had helped spur the growth and expansion of Islamic banking sector in the country.
  • Prime Minister Datuk Seri Najib Razak will open and deliver his keynote address at this year’s forum which begins on Nov 21.

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