Key facts
- An Islamic economic summit highlighted the role of capital movement.
- The Council for Islamic Banks and Financial Institutions' secretary-general spoke at the event.
At an Islamic economic summit, Hamza Kbawazir, secretary-general of the Council for Islamic Banks and Financial Institutions, addressed the importance of capital movement. He elaborated on how Islamic finance contributes to financial stability, fosters economic partnerships, and promotes sustainable growth. The discussion centered on the mechanisms through which Islamic financial principles can support these objectives.