World Islamic Finance Forum (WIFF) 2018 themed 'Expanding Islamic Finance Footprint: Innovation, Fintech and Regulation' is being organized in collaboration with Lahore University Management Sciences (LUMS) and INCEIF (Malaysia). The high profile international conference aims to define future direction for the global Islamic finance industry in light of rapidly changing dynamics, driven by technological developments and growing need for innovative products to cater to upcoming sectors. Against this backdrop, the role envisaged for various stakeholders, especially the regulator, to expand the outreach will be discussed by Islamic finance visionaries at the conference.
After experiencing stunning double digit growth figures for more than two decades, Islamic finance industry has witnessed a slowdown in growth since 2015. According to S&P Islamic Finance Outlook 2017, Islamic banks' asset growth fell to around 7% in 2015 compared with 12% in 2014. The slowdown is forecast to persist in 2016 and 2017 with growth stabilizing at around 5%. Is it possible to put the industry back on fast growth track and continued globalization? What will define future direction of the Islamic finance industry?
WIFF 2018 aims to deliberate on the future outlook for the global Islamic finance industry in light of rapidly changing market dynamics, driven by technological developments and growing need for innovative products to cater to upcoming sectors. Against this backdrop, the role envisaged for various stakeholders, especially the regulator, to expand the outreach will be discussed by Islamic finance visionaries at the conference. The international conference will bring together Shari'ah scholars, renowned academicians, leading Islamic bankers, regulators as well as prominent personalities from global Islamic financial and infrastructure institutions to deliberate on game changers for the industry.
One of the key objectives of WIFF is knowledge enhancement through intellectual input from the academia. Thrust of CEIF is on bridging the gap between academia and industry through facilitating focused research that can be put to practice. Furthermore, CEIF aims at promoting development of case studies to impart Islamic finance knowledge through real life examples. In this pursuit, CEIF invites research papers and case studies on the following themes:
- Standardization of Islamic Products
- Issues Pertaining to Transparency, Shari'ah Compliance and Accounting Disclosures
- Impact of Fintech and Regtech on the Future of Islamic Finance Industry
- Innovative Sukuk Structures
- Derivatives and Islamic Finance
- Introducing Islamic Finance in Unchartered Territories
- Islamic Finance in the Era of Islamophobia
- Achieving UN's Sustainable Development Goals through Islamic Finance
- Working Capital Solutions Based on Islamic Finance
- Islamic Finance for Infrastructure Development
- Shari'ah Compliant Agricultural Finance
- Promoting SME Growth through Islamic Finance
- Islamic Microfinance Issues and Challenges
- Implementation of Basel III in IFIs
- Liquidity Management Solutions for IFIs
- Islamic Capital Markets
- Contemporary Issues in Takaful
- Risk Management in Islamic Financial Institutions
- Any other topic that focuses on a need, problem or unexplored issue in the area of Islamic finance