QIB is the Main Sponsor for ADFIMI International Development

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced that it is the main sponsor of the ADFIMI International Development Forum. The forum, held under the auspices of Qatar Central Bank, will take place during 25-26 April at the Ritz Carlton in Doha under the patronage of H.E. Sheikh Abdullah Bin Saoud Al-Thani, Qatar’s Central Bank Governor. ADFIMI, which stands for Association of National Finance Development Institutions in Member Countries of the Islamic Development Bank, started its operations back in 1987 to support sustainable economic development across the region.

At the upcoming forum in Doha, representatives from central banks, Development Finance Institutions (DFIs) and academia will discuss how practices and policies, especially following the recent global financial crisis, have shaped the current economic climate and suggest a path forward. The forum will also examine how the work of DFIs can be used to complement the policies set by central banks.

“As one of the premier Islamic banks in the world, QIB is proud to support ADFIMI and the wider Islamic banking industry. This event has gathered a distinguished group of professionals from around the globe, and we are pleased to be part of this important discussion on the future of financial policy, as well as providing support through our sponsorship” said Mr. Bassel Gamal, Group QIB’s CEO.

The forum will also feature robust panel discussions with speakers from leading universities, central banks and development banks in Europe, the United States, the Middle East and Africa.

The actions of central banks and DFIs can have a significant impact on the development and stability of nations. The ADFIMI forum seeks to answer the question of how central banks and DFIs can maintain the delicate balance between promoting economic growth, sustaining financial stability and managing inflation.

“QIB prides itself on anticipating policy changes that could affect our customers’ assets and the types of financial products that our Bank can offer,” Mr. Bassel explained. “Being a part of the ADFIMI International Development Forum gives us an insight into what could potentially change in the coming years and how that might affect our banking customers and the Qatari economy as a whole.”

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