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samaSaudi Central BankNewsSaudi Central Bank Organizes its Quarterly Workshop on Islamic Finance for 2021 Virtually
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Saudi Central Bank Organizes its Quarterly Workshop on Islamic Finance for 2021 Virtually
1/6/2022 11:00 AM

On January 3, 2022 AD, the Saudi Central Bank (SAMA) organized its quarterly workshop on Islamic Finance for 2021 AD virtually to discuss various aspects of the Islamic Financial sector and Islamic Economics.

The workshop witnessed the participation of numerous Islamic Financial industry experts and interested individuals, and it was held as part of a series of SAMA-sponsored quarterly workshops dedicated to dealing with various topics and subjects related to the Islamic Financial industry.

Over the span of two sessions, two key Islamic Finance topics were discussed, the first of which was the several levels and differing types of sustainability, as well as the importance and the tools of sustainability in Islamic Economics, during a session titled "Islamic Economics and Sustainable Development Goals ".  As for the second topic, it was discussed during a session labeled "The Various Types of Sukuk and their Role in Sustainable Development" discussing the establishment of Sukuk, their characteristics and the role they play in ensuring sustainable development. The session also delved further into the difference between Sukuk and other types of assets, and it presented the most successful applications and experiences linked to this unique Islamic Finance instrument on both a local and international level.

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