19th September 2019, Manama, Kingdom of Bahrain, Barcelona, Spain | The General Council for Islamic Banks and Financial Institutions (CIBAFI), the official global representative for Islamic financial institutions (IFIs) and the Association of the Mediterranean Chambers of Commerce and Industry (ASCAME) are co-organising the 5th Mediterranean Islamic Finance Forum (MIFF): Leveraging on Islamic Finance for Sustainability, Innovation, and Economic Development on 21st November 2019. The forum will be held under the framework of MedaWeek Barcelona 2019 in Barcelona, Spain.

Continuing the successful series from the previous years, 5th MIFF will focus on the potential of Islamic finance in the Mediterranean region for the attainment of sustainability and economic development. It will look particularly at Islamic finance as an ethical and responsible mode of financing and will uncover the key steps needed for its effective adoption in the region. The Forum will also shed light on the role of Sukuk, Takaful and innovation as key instruments for Islamic finance adoption and will discuss the role of Fintech in achieving increased financial inclusion.

In conjunction with the 5th MIFF, CIBAFI will also conduct a 2-day Technical Workshop on 20th – 21st November 2019. The Technical Workshop will involve a detailed discussion on Sukuk structuring and legal documentation that will tackle in detail, the different types of Sukuk, the regulatory requirements in Sukuk structuring and Shariah governance in Sukuk issuance among many other related topics. The workshop will also include case studies and hands-on exercises in Sukuk from different angles and aspects.

The above Forum and Technical Workshop is aligned with CIBAFI’s strategic objective to promote and facilitate the growth of Islamic finance. CIBAFI continues to support the Islamic financial services industry through various activities and initiatives. These include providing industry stakeholders with a platform to discuss emerging issues, policy and regulatory advocacy initiatives, representing the industry at major global financial events, and sharing knowledge through specialized publications and comprehensive training programmes.