7th Doha Islamic Finance Conference titled ‘Digital Economy & Sustainable Development’ Comes to a Close

The 7th Doha Islamic Finance Conference concluded on the 3rd of April 2021, requesting global partnerships between government institutions and the private sector with the aim of supporting digital transformation efforts in the finance industry, in line with Shariah-compliance. From a local perspective, greater coordination between private sector institutions and government agencies was called for, to support digital transformation in line with Shariah objectives, in order to achieve the Qatar National Vision 2030.

Why it Matters?

A closing statement at the event noted that Shariah-provisions could be included in the developments of financial transactions, including digital financial transactions, given the flexibility allowed by the Shariah. Shariah-ba...