Global Summit: Building Effective Climate Governance for the Islamic Finance Industry

Synopsis:

As the world is grappling with a global pandemic, climate change has not ceased in disrupting businesses. An imminent threat to our natural resources, the livelihood of many and to the world's economy, climate change has created more variables for businesses to take into account. In light of this disruption, regulators and other stakeholders have called upon firms to address climate-change risks and opportunities in their business strategy in an integrated and effective way. Developed on Shariah principles, Islamic finance is worth today more than USD3 trillion and has long been focused on sustainability with the perception that it operates on higher moral standards.

With an assembly of global leaders who are at the forefront of combating climate change, this live session will shed light on the pivotal role of standards in guiding companies to overcome climate threats and build an effective climate governance for the Islamic finance industry.