10th World Islamic Economics & Finance Conference 2027 (WIEFC 2027)
The World Islamic Economics & Finance Conference (WIEFC) is set to convene its tenth edition in Lahore, Pakistan. This international gathering serves as a critical platform for scholars, practitioners, and policymakers to deliberate on the evolving landscape of Islamic economics and finance. The conference aims to foster dialogue and present research that addresses contemporary challenges and opportunities within the sector.
Committees & topics
Topics
Peace, Conflict, and Economic Justice in a Fragmented World · Human Dignity, Inclusion, and Social Protection in Islamic Economics · Islamic Social Finance and Humanitarian Response in Times of Crisis · Ethical Governance, Institutional Integrity, and Justice-Centered Development · Geopolitical Instability, Inequality, and the Future of Islamic Economics and Finance · Sustainable Development and Shared Prosperity through Islamic Economic Principles
Why it matters
The WIEFC is significant because it brings together diverse perspectives on a rapidly growing segment of the global economy. Discussions at this event contribute to the development of ethical and sustainable financial practices that align with Islamic principles. By focusing on economic and financial issues, the conference plays a role in shaping policy recommendations and fostering academic discourse that can influence economic stability and growth in various regions.
The insights generated from the WIEFC are particularly relevant for understanding the nuances of financial systems that prioritize social justice and equitable wealth distribution. This focus extends beyond theoretical discussions, aiming to translate research into practical applications that can benefit communities. The conference's location in Lahore, PAK, further underscores its importance as a hub for intellectual exchange on these vital topics.
How to prepare
Delegates preparing for the WIEFC should engage in thorough research on current trends and challenges in Islamic economics and finance. Understanding the specific economic context of the host nation, PAK, will be beneficial for contextualizing discussions. Participants should also familiarize themselves with various schools of thought within Islamic finance to contribute meaningfully to the discourse.
To maximize their engagement, attendees could consider applying frameworks such as "what-is-stakeholder-mapping" and "stakeholder-workshop" to identify key actors and their interests within the Islamic finance ecosystem. Additionally, employing "dynamic-analysis" can help in understanding the shifting dynamics of global financial markets and their intersection with Islamic economic principles. Effective participation will involve not only presenting individual research but also actively engaging in collaborative problem-solving and networking with peers.
Country perspectives
Where the most-relevant 1 countries stand on the core issues in play. Click through for the full country profile.
Topics & background
The background behind each topic and the actors that shape it.
Peace, Conflict, and Economic Justice in a Fragmented World
Key players
Saudi ArabiaMajor OIC donor and host of the Islamic Development Bank, shaping reconstruction finance priorities.
TurkeyActive mediator in regional conflicts and proponent of Islamic finance as a peacebuilding tool.
IndonesiaLargest Muslim-majority economy advocating non-aligned, justice-centered economic diplomacy.
United Arab EmiratesHub for Islamic capital markets and humanitarian logistics in conflict zones.
PakistanFront-line state on multiple conflict economies and vocal advocate at OIC and UN forums.
EgyptKey Arab League actor on Gaza reconstruction and regional economic stabilization.
Human Dignity, Inclusion, and Social Protection in Islamic Economics
Key players
MalaysiaPioneer of regulated Islamic social finance and inclusive takaful frameworks.
- Indonesia
Operates the world's largest national zakat agency (BAZNAS) and integrates Islamic finance into social policy.
- Saudi Arabia
Sets normative reference points through its zakat authority and OIC leadership.
BangladeshGlobal testbed for Islamic microfinance serving low-income and rural populations.
- Turkey
Combines state social assistance with revived waqf institutions and participation banking.
MoroccoAdvancing financial inclusion reforms and Sharia-compliant products under central bank oversight.
Islamic Social Finance and Humanitarian Response in Times of Crisis
Key players
- Saudi Arabia
Leading bilateral humanitarian donor through KSrelief and IsDB shareholder.
- United Arab Emirates
Major Gulf humanitarian financier and hub for innovative Islamic finance instruments.
- Indonesia
Hosts large-scale zakat and waqf institutions piloting partnerships with UN agencies.
- Malaysia
Sets global standards for Sharia governance and sukuk issuance frameworks.
QatarSignificant humanitarian donor active in mediation and crisis financing.
KuwaitDesignated UN humanitarian center and long-standing Islamic charitable donor.
Ethical Governance, Institutional Integrity, and Justice-Centered Development
Key players
- Malaysia
Reform case study post-1MDB with influential IFSB and Sharia governance standards.
- United Arab Emirates
Major financial center balancing FATF compliance with Islamic finance expansion.
- Saudi Arabia
Vision 2030 anti-corruption and governance reform agenda shapes regional norms.
- Indonesia
Home to one of the most active anti-corruption commissions in the Muslim world.
BahrainHosts AAOIFI, the principal Islamic finance accounting and governance standard-setter.
- Turkey
Significant participation banking sector facing evolving governance and disclosure expectations.
Geopolitical Instability, Inequality, and the Future of Islamic Economics and Finance
Key players
- Saudi Arabia
Largest Arab economy navigating BRICS+ entry, dollar pricing, and Islamic finance leadership.
IranSanctioned economy operating a fully Islamic banking system and seeking alternative settlement channels.
- Malaysia
Anchor of global Islamic capital markets and standard-setting institutions.
- United Arab Emirates
Global financial hub bridging Western, Asian, and Islamic finance ecosystems.
- Turkey
Geopolitically pivotal economy expanding participation banking amid currency volatility.
- Indonesia
G20 member and demographic heavyweight shaping the future direction of Islamic finance.
Sustainable Development and Shared Prosperity through Islamic Economic Principles
Key players
- Indonesia
First sovereign green sukuk issuer and major voice on climate-aligned Islamic finance.
- Malaysia
Architect of value-based intermediation and sustainable Islamic capital markets.
- Saudi Arabia
Vision 2030 diversification and giga-projects shape regional sustainability finance.
- United Arab Emirates
COP28 host advancing climate finance integration with Islamic instruments.
- Pakistan
High climate vulnerability and active issuer pursuing sustainable sukuk financing.
NigeriaLargest African OIC economy expanding sukuk to fund infrastructure and the SDGs.
Resources
News, lessons, and country profiles to prep for 10th World Islamic Economics & Finance Conference 2027 (WIEFC 2027).
Recent reporting to ground your prep
Lessons
Bite-sized lessons to build the basics
Courses
Guided courses that go deeper on the topic
The states in play, with the data that shapes their stance
PakistanCountry dossier
Saudi ArabiaCountry dossier
Country dossier
IndonesiaCountry dossier
United Arab EmiratesCountry dossier
EgyptCountry dossier
MalaysiaCountry dossier
BangladeshCountry dossier
MoroccoCountry dossier
QatarCountry dossier
KuwaitCountry dossier
BahrainCountry dossier
IranCountry dossier
NigeriaCountry dossier
Related conferences
By committee
- Peace, Conflict, and Economic Justice in a Fragmented World
- Human Dignity, Inclusion, and Social Protection in Islamic Economics
- Islamic Social Finance and Humanitarian Response in Times of Crisis
- Ethical Governance, Institutional Integrity, and Justice-Centered Development
- Geopolitical Instability, Inequality, and the Future of Islamic Economics and Finance
- Sustainable Development and Shared Prosperity through Islamic Economic Principles