Join the World Bank Group & Islamic Development Bank Group for a discussion on Mobilizing Islamic Finance for Infrastructure Public-Private Partnerships (PPPs).
Tune in to watch the discussion live at:
https://live.worldbank.org/mobilizing-islamic-finance
Islamic finance has been growing rapidly across the globe. According to a recent report, the Islamic finance market currently stands around $1.9 trillion. With this growth, its application has been extended into many areas—trade, real estate, manufacturing, banking, infrastructure, and more. However, it is still a relatively untapped market for PPP financing.
A new PPIAF-funded report by the World Bank Group and the Islamic Development Bank Group represents the first systematic effort to capture and disseminate knowledge on deploying Islamic finance for infrastructure PPPs. As such, it fills a critical information gap that exists among a vast majority of infrastructure development practitioners. The report’s goal is to help developing countries tap into Islamic finance as an additional resource to meet their huge and growing infrastructure needs. Our discussion will address how Islamic finance has already been applied in infrastructure projects through PPP schemes, what the structural challenges and solutions are, and what can be done to deepen and maximize the use of Islamic finance for this purpose.
The event is organized by the Infrastructure, PPPs & Guarantees and Finance & Markets units.
You can participate in the conversation on social media using the hashtag #IslamicFinance.
11:30 AM - Introduction: Sara Ahmed, Operations Analyst, IPG Group, WBG
11:35 – 11:55 AM - Opening Remarks:
- Merza Hussain Hasan, Executive Director & Dean of the Board of Executive Directors, WBG
- Mansur Muhtar, Vice President, Country, Programs, IsDBG
11:55 AM - Keynote Speech: Mahmoud Mohieldin, Senior Vice President, WBG
12:10 PM - Panel Discussion and Q&A
Moderator: Abayomi Alawode, Head of Islamic Finance, Finance, Competitiveness & Innovation Global Practice, WBG
Panelists:
- Khaleel Ahmed, Chief Investment Officer, Global Financial Institutions Group, IFC
- Mohamed Hedi Mejai, Director, Investments Department, IsDBG
- Walid Hejazi, Associate Professor of International Business, Rotman School of Business, University of Toronto
- Volkan Celen, Counsel, MIGA, WBG
- Fida Rana, Senior Islamic Project Finance Expert
- Sebnem Erol Mandan, Senior Infrastructure Finance Specialist, Infrastructure, PPPs & Guarantees Group, WBG
1:20 PM – Closing Remarks: Hartwig Schafer (Vice President, Global Themes, WBG)
