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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