The accelerated growth of Islamic finance especially in the wake of the global financial crisis, and its ever-increasing role in the mobilisation of financial resources have been a promising feature in the global financial scene. Being a manifestation of Islamic economics’ practical applications, Islamic finance cannot be developed and assessed in isolation of its impact on real activities and the fulfilment of Maqasid al-Shari’ah. Further, Islamic finance must be developed and evaluated in its totality, not confined to only Islamic banking and Islamic capital markets. Moving forward, Islamic finance must also embrace Industry 4.0 for it to remain robust in the digital age.
The INCEIF-ISRA inaugural Annual Conference on Islamic Economics and Finance (I-ARIEF) provides a forum for the deliberation of contemporary and emerging issues in Islamic economics and finance with the theme: Islamic Finance and Islamic Economy Ecosystem in the Era of Digitalisation.