2 weeks Ago By Qatar Tribune
Qatar tribune Tribune News Network Doha Doha is gearing up to host the 11th Doha Islamic Finance Conference on April 8, 2025, under the patronage of Prime Minister and Minister of Foreign Affairs His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani. Organised by Bait Al-Mashura Finance Consultations, the conference is officially sponsored by the Ministry of Commerce and Industry (MoCI), with strategic partnership from Dukhan Bank and diamond sponsorship from the General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs. Qatar Financial Centre (QFC) joins as a bronze sponsor.
To be held at The Ritz-Carlton, Doha, the conference will bring together government representatives, global financial institutions, and academic experts to explore the theme “Integration of Blockchain and AI: The Future of Islamic Finance.” The event aims to address emerging trends, regulatory frameworks, and the role of new technologies in shaping the future of Shariah-compliant financial services. Dr Khalid bin Ibrahim Al Sulaiti, chairman of the Organising Committee and Vice Chairman of Bait Al Mashura Finance Consultations, emphasised that Islamic finance has successfully combined Shariah principles with financial innovation, making it a resilient and adaptive economic model.
He highlighted that integrating blockchain and artificial intelligence (AI) presents an opportunity to create a modern, smart, and sustainable Islamic finance system while maintaining core Islamic economic values. “The world is witnessing a transformative shift with the rise of blockchain and AI technologies, Islamic finance now stands at a pivotal juncture, with the potential to leverage these technologies for enhanced transparency, efficiency, and security in financial transactions,” said Dr Al Sulaiti. The conference will feature discussions on major topics, including Decentralized AI: Rules and Regulations – Analysing the impact of AI on Shariah rulings, smart contracts, and regulatory frameworks to ensure compliance with Islamic jurisprudence.
Endowments (Waqf) in the Era of Blockchain and AI – Examining how decentralized AI can enhance the sustainability and transparency of Islamic endowment (waqf) management. The Blockchain Gaming Revolution: Rulings and Investment Opportunities – Investigating Shariah-compliant investment opportunities in the growing gaming and e-sports sectors. Value Chains through Decentralized Finance Powered by AI – Exploring the development of decentralized financial platforms that align with Islamic economic principles.
Reiterating the bank’s dedication to fostering innovation in Islamic finance, Dukhan Bank Group Chief Communications Officer Talal Ahmed Al Khaja said, “Our strategic partnership with the Doha Islamic Finance Conference aligns with our commitment to leading the evolution of Shariah-compliant financial solutions.” He emphasised Dukhan Bank’s ongoing investment in digital transformation and its efforts to enhance customer experiences through cutting-edge financial technologies. Al-Khaja further noted that Dukhan Bank remains at the forefront of Qatar’s Islamic banking sector by providing top-tier financial services.
The bank continuously enhances its product offerings with innovative solutions, ensuring seamless and secure customer experiences. With an expanding portfolio of digital banking services, Dukhan Bank is positioning itself as a leader in the FinTech revolution within Islamic finance. Director-General of the General Directorate of Endowments at Awqaf Eng Hassan Abdullah Al Marzouqi underscored the importance of AI-driven solutions in enhancing waqf products.
“Our sponsorship of this conference reflects our commitment to exploring how decentralised AI can contribute to sustainable and secure endowment management,” he stated. He also noted Qatar’s role as a leader in Islamic finance and its continued efforts to position itself as a global hub for Shariah-compliant financial services. The session on waqf will delve into how AI and blockchain can create a more secure and efficient management system for endowments.
Experts will share insights on integrating smart contracts for waqf administration, ensuring long-term sustainability, and reducing financial mismanagement risks. Al Sulaiti highlighted Qatar’s robust regulatory environment and strategic economic vision, which have played a crucial role in making the country a center of excellence in Islamic finance. “With Qatar National Vision 2030 and the Third National Development Strategy, we are committed to fostering an innovative and sustainable Islamic finance ecosystem,” he added.
Qatar has emerged as a leader in Islamic finance due to its strong financial institutions, regulatory support, and growing investor interest in Shariah-compliant solutions. The country’s commitment to technological advancements, particularly in blockchain and AI, is expected to further cement its reputation as a key global player in the Islamic financial sector. The 11th Doha Islamic Finance Conference is expected to set a new benchmark in the industry by exploring the untapped potential of emerging technologies.
The discussions will serve as a catalyst for future research and implementation of AI-driven financial solutions in Islamic finance. Key takeaways from the event will include actionable insights on the practical applications of blockchain and AI, Shariah compliance in digital finance, and sustainable investment opportunities. Industry leaders, policymakers, and academics will collaborate to develop regulatory frameworks and technological strategies that ensure the security, transparency, and efficiency of Islamic financial transactions.
The conference will play a pivotal role in shaping the digital transformation of Islamic finance, ultimately enhancing its competitiveness in the global financial landscape. As Islamic finance continues to expand globally, this conference will provide a crucial platform for stakeholders to discuss opportunities, challenges, and innovative solutions. The integration of blockchain and AI is set to redefine the future of Shariah-compliant finance, unlocking new avenues for growth and investment.
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