Key issues that will be discussed at the 12th WIEF include sukuk for infrastructure financing, integration of Halal sectors and Islamic Finance, expansion of the global Halal food industry, development of the global modest fashion industry, improving funding access for MSMEs, integrating MSMEs into the digitized trade and more.

The 12th World Islamic Economic Forum (WIEF) will be an ideal opportunity for Sri Lankan Micro sector entrepreneurs to gain exposure to the world said, Tun Musa Hitam, Chairman of WIEF Foundation.

This year, the forum will be held at Jakarta Convention Centre from August 2 to 4.

He said it would also give them a chance to speak and interact with some of the world’s leading companies and share their experiences. Some 2,500 delegates and 60 role players from over 100 countries across the globe are expected to attend the 12th WIEF.

Hitam said “We will also waive off the participation fee from the Micro sector entrepreneurs as an encouraging gesture.”

He also explained that the creative industries, Islamic travel and Halal food markets are other areas that are set to benefit from the fast-growing Islamic economy which is not limited to the Muslim world, but can be better grasped in partnership with the wider international community.

“I must stress that this is not open only for Muslims it’s a global event,” he insisted.

It provides an ideal avenue for world leaders, captains of industries, academicians, key opinion leaders and business experts to exchange views and experiences as well as generating fresh insights.

The earlier forums were held in Kuala Lumpur, Islamabad, Kuwait, Astana, Johor Bahru, London and Dubai.

Bambang Brodjonegoro, Minister of Finance of Indonesia said, “The idea of empowering future business that runs through the core of the 12th World Islamic Economic Forum is something that resonates strongly in Indonesia. It is a mantra for growth which aligns directly with the Government’s own commitment to developing a thriving modern economy, summarized in our NawaCita Nine Priority Agenda of President Joko Widodo.”

Key issues that will be discussed at the 12th WIEF include sukuk for infrastructure financing, integration of Halal sectors and Islamic Finance, expansion of the global Halal food industry, development of the global modest fashion industry, improving funding access for MSMEs, integrating MSMEs into the digitized trade and more.

The event is organized by the WIEF Foundation and hosted by the Ministry of Finance, in collaboration with the State Secretariat and Ministry of Foreign Affairs, of the Government of Indonesia.