UAE-Chinese efforts to employ Islamic banking to serve ‘One Belt, One Road initiative
Great step towards encouraging constructive dialogue of alternatives to enhance growth & sustainability of Islamic banking
Conference to be held in conjunction with ‘Islamic Economic Week’
Global Islamic economy set to reach USD 3 trillion by 2023
HBMSU committed to enhancing knowledge, research & academic exchange between UAE & China
UAE, 29th October 2018 – Hamdan Bin Mohammed Smart University (HBMSU) announced the completion of preparations for the launch of the China-UAE Conference on Islamic Banking and Finance (CUCIBF III) for the third consecutive year under the theme, ‘The potential for participative economy and financial system: growth, development, integration, and cooperation.’ The conference, set to take place on November 7 and 8, 2018, aims to strengthen knowledge, civilizational, cultural and economic exchanges with China. The event is a major milestone in the consolidation of efforts to support Islamic financing between the UAE and China, highlighting shared interest of both parties to employ Islamic economy model to achieve the objectives of the ‘One Belt, One Road’ initiative in resuscitating the global economy and direct it to serve comprehensive and sustainable development. The conference is the result of cooperation between the Ministry of Economy of the UAE; HBMSU’s Dubai Center for Islamic Banking and Finance; Dubai Islamic Economy Development Centre; China Islamic Finance Club; ZhiShang Inter-culture Communication; and Thomson Reuters as a knowledge partner.
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