DAY 1 PROGRAMME
(Tuesday, 28 May 2024)
Plenary Hall, Level 1
Opening Session
Global Islamic Economy: A Reform Agenda for Shared Prosperity
| Welcoming Remarks: |
Datuk Abdul Rasheed Ghaffour |
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| Keynote Address: |
YAB Dato’ Seri Anwar bin Ibrahim |
Networking Tea Break
Conversation with Ministers
Navigating the Global Economy in Post-Normal Times: Application of Values-Based Reforms
| The global growth outlook remains subject to significant headwinds, mainly from escalation of geopolitical tensions, supply chain disruptions, and prolong tight monetary and financial markets conditions. Emerging market economies tend to bear disproportionately the burden of navigating this challenging macroeconomic environment. A more integrated policy framework, targeted and carefully sequenced structural reforms and stronger regional cooperation are among the imperatives to enhance economic resilience. From environmental conservation to social equity, economic stability to technological innovation, the pathway towards sustainable economic development necessitates a holistic approach that respects the interconnectedness of our world. This session will explore imperatives to global economic stability from a developing and emerging markets perspective. | |
| Featured virtual address: |
H.E. Dr. Muhammad Sulaiman Al Jasser 
Dr. Axel von Trotsenburg |
|---|---|
| Speakers: |
YB Senator Datuk Seri Amir Hamzah Azizan 
H.E. Muratbek Azymbakiev |
| Moderator: |
Dr. Lalita M. Moorty |
Feature Session
Bridging Perspectives: Integrating Modern Economic Thinking with Islamic Economics Principles
| Various crises and challenges post-pandemic have led to many criticisms on how current economic policies have not effectively improved issues of inequality, management of climate risk and resilience of the market economy. What are the reconfigurations needed in the current world to forge harmonious balance between economic pursuits and social goals? How can the fundamentals of Islamic economics be applied to overcome current economic challenges? This panel session explores the dynamic intersection of modern economic theories and Islamic economic principles. | |
| Panellists: |
Tan Sri Daud Bakar 
Professor Mehmet Asutay 
Tan Sri Andrew Sheng 
Dr. Andrew Coleman |
|---|---|
| Moderator: |
Yin Shao Loong |
Lunch and Prayer Break
Panel Session 1
A Just Transition towards a Shared Future
| The journey towards net zero carbon economy calls for a just, equitable and orderly transition. Though increased collaborative efforts among nations and innovative clean solutions have created pathways in driving the climate agenda, many emerging markets are at risk of being left behind on critical development dimensions. Renewed commitments, open dialogue between stakeholders and transformative actions are crucial. The session explores the relationship between economic growth, inclusion and climate action, and the role of Islamic finance in driving the energy transition journey. | |
| Panellists: |
H.E. Dr. Fahad Ibrahim Alshathri 
Tan Sri Jemilah Mahmood 
Dame Susan Rice 
Dato’ Khairussaleh Ramli |
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| Moderator: |
Datin Seri Sunita Rajakumar |
Fireside Chat 1
A Humane Approach to Food and Economic Decisions
| This session will delve into a feast of alternative economic ideas wrapped up in stories about food from around the world. Similar to the saying of “You are what you eat”, economic strength is also a product of long-term policies and outcomes. What can developing economies, particularly the OIC member countries, learn from “food economics”? What does it take to develop a “healthy economy” and how much does food security reveal to us about economic strength? | |
| Panellists: |
Ha-Joon Chang |
|---|---|
| Moderator: |
Dr. Nungsari Ahmad Radhi |
Panel Session 2
Advancing the 4-Ts of Global Private Sector Halal Development – Technology, Trade Connectivity, Talent Capability, and Climate Transition
| The focus in developing halal industry potential will need to extend beyond traditional perspectives where technology and innovation should be the catalysts of growth. This panel will explore the economic, social, and cultural impact of the halal industry and delve into each of the 4-Ts, examining their interplay, synergies, and the transformative opportunities they present for private sector development on a global scale. | |
| Speakers: |
Khurram Hilal 
Dr Kenan Bagci 
Hairol Ariffein Sahari 
Loi Tuan Ee |
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| Moderator: |
Omar Shaikh |
Headline Address
| Speaker: |
YB Senator Tengku Datuk Seri Utama Zafrul Aziz |
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Networking Tea Break
Welcome Dinner [by invitation only]
| Special Dinner Address | |
| Speaker: |
Tan Sri Dr. Zeti Akhtar Aziz |
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DAY 2 PROGRAMME
(Wednesday, 29 May 2024)
Plenary Hall, Level 1
Opening Address
| Speaker: |
Dato’ Seri Dr. Awang Adek Haji Hussin |
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Feature Address
Navigating the Path of Reforms for a Sustainable Global Islamic Economy
| Speaker: |
H.E. Sri Mulyani Indrawati |
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Panel Session 3
Advancing Global Cooperation to Propel Islamic Nations to a Better Future
Structural and policy reforms are required to support development of nations particularly OIC countries where 20 out of 45 Least Developed Countries (LDCs) are members of the OIC. Stronger global cooperation and synergy, with a shift in perspective and strategies will be critical in this process. Leveraging Islamic fundamentals which are very aligned to the current global trend of sustainable development may unlock the true potential of Islamic economy and propel Islamic nations to success. This session will unpack the key important shifts and synergies needed -
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| Panellists: |
Dr. Ghiath Shabsigh 
Dato’ Paduka Iqbal A. Khan 
Göksel Aşan, Ph.D. |
|---|---|
| Moderator: |
Professor Emeritus Dato’ Dr Azmi Omar |
Networking Tea Break
Panel Session 4
Global Economic and Finance Policy Reforms: Scholarly Lense from Maqasid Shariah Perspective
| Past policy reforms during Islamic civilisations that are guided by the Maqasid Shariah (objectives of Shariah) have taken the Islamic community to greater heights, through the development of just and inclusive institutional structures. Taking inspiration from the creative approaches by renowned Muslim leaders, the session aims to showcase alternative Shariah perspectives and considerations for policy making with the overall aim of building a stronger and resilient economy. This session will discuss:
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| Headliner Speech: |
Dr. Jasser Auda |
|---|---|
| Panellists: |
Dr. Farhan Ahmad Nizami
Dr. Jasser Auda |
| Lead Discussant: |
Prof. Dr. Ashraf Md. Hashim |
Fireside Chat 2
MIFC Leadership Council (MLC) Position Paper – Unlocking Global Islamic Finance Opportunities
| Established in October 2022, MLC is an industry-led platform that aims to provide stronger industry ownership in championing the MIFC agenda. This session aims to unveil the insights from the MLC Position Paper that is envisioned to provide key strategic direction of Malaysia’s Islamic finance industry’s to better contribute to the development of the global Islamic finance. | |
| Speaker: |
Tan Sri Azman Mokhtar |
|---|---|
| Moderator: |
Mustafa Adil |
Lunch and Prayer Break
Panel Session 5
Fostering Finance at Scale through Capital Markets
| The role of capital markets has been crucial in funding sustainable economic growth and development. In particular, sustainable bond and sukuk markets have accelerated credible climate transition, with 80% of allocations from the green bond market between 2014 and 2021 channelled to the decarbonisation of energy, buildings, and transport sectors. The emergence of social stock exchanges has also provided a platform for ethical investors to mobilise capital towards social impact. This panel will discuss forward looking policy frameworks and capital market innovations to galvanise the global industry towards greater economic growth and technological transformation. | |
| Panellists: |
Mohamad Safri Shahul Hamid 
Dr. Ramaswami Balasubramaniam 
YM Raja Amir Shah Raja Azwa 
Tan Sri Abdul Wahid Omar |
|---|---|
| Moderator: |
Christian de Guzman |
Fireside Chat 3
Bridging the inclusivity gap in nation building efforts
| Greater representation from women and youth in policymaking and development can enhance economic productivity, improve development outcomes for the next generation, and make institutions and policies more inclusive. This is an important aspect to achieving the 2030 Agenda for Sustainable Development as promoting women’s economic justice and rights in the economy and closing gender gaps in the world will increase greater economic participation to harness economic potentials. This session aims to explore structural and policy reforms to enhance economic empowerment and financial inclusion surrounding women and youth. | |
| Panellists: |
Maha Saleh 
Farzana Yaqoob |
|---|---|
| Moderator: |
Alina Amir |
Panel Session 6
Financial Inclusion – The Way Forward
| In an era of rapid technological advancement and evolving financial landscapes, the debate around innovation in finance and the role of the financial sector in enabling innovation is more relevant than ever. This session engages pioneers of novel Islamic finance models which are enhanced through values-based principles and technology around the world who have been successful in elevating the role of finance in supporting inclusive and sustainable growth, in line with the fundamental of Islamic economics. The discussion will explore such innovations in the context of both conventional and Islamic finance. | |
| Panellists: |
Dyota M. Marsudi 
Dato’ Muazzam Mohamed 
Fachmy Achmad 
Upendra Poudyal |
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| Moderator: |
YM Raja Teh Maimumah |
Closing Session
GFIEF Resolutions: Actionable Next Steps
| In this closing panel session, speakers converge to share their insights and strategies for translating ideas discussed at GFIEF into tangible actions. Drawing from their vast experience and expertise, these speakers will discuss key takeaways from the conference and illuminate the path forward. Through engaging dialogue and practical recommendations, this session aims to empower attendees to implement impactful strategies and initiatives in their organizations and communities. | |
| Panellists: |
Datuk Johan Mahmood Merican 
Tan Sri Azman Mokhtar 
Dr. Ndiame Diop 
Dr. Issa Faye |
|---|---|
| Moderator: |
Adnan Zaylani Mohamad Zahid |
End of Forum
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