CIBAFI Strengthens Commitment to Support Sustainability and Responsible Business Practices in the Islamic Banking Industry

The General Council for Islamic Banks and Financial Institutions (CIBAFI), which is the global umbrella of Islamic financial institutions, has strengthened its commitment to support sustainability and responsible business practices within the Islamic financial services industry. This took place at a virtual roundtable meeting held on the 10th of May 2021 to discuss various aspects on developing a CIBAFI Sustainability Guide for Islamic Banking Industry, which was attended by CIBAFI Sustainability Working Group members, regulators and international industry experts.

Why it Matters?

Dr Abdelilah Belatik, Secretary General of CIBAFI, emphasized the growing role of sustainability within the Islamic financial services industry and how CIBAFI is assisting I...