We are at a turning point in global financial services. Sustainability, rapid advancements in technology, changing regulatory landscapes, and evolving socio-economic priorities are transforming how institutions operate and interact. Within this context, the Islamic financial services industry faces a dual challenge of opportunities and responsibilities. To remain relevant and competitive, we must adopt a proactive stance while adhering to the foundational principles that guide our sector.
For more than two decades, with the continued trust of our members and stakeholders, CIBAFI has maintained its status as a trustworthy international think-tank organization for the Islamic financial sector, representing the industry's interests across various regions and jurisdictions. This legacy is not merely to be preserved; it serves as a foundation from which we will construct a stronger and more significant presence on the global stage.
Aligning with our value as a key piece in the international architecture of Islamic finance that leverages current opportunities while preserving the value proposition of Islamic finance, we are committed to evolving the initiatives to address the needs of its members and the broader sector through strengthening our position as a collaborative platform that promotes collective impact among financial institutions, policymakers, and various global stakeholders.
Under my tenure, and with the support of our esteemed Board, members, and partners, we will continue this meaningful purpose by enhancing our contributions to develop our global position. Together, we will work to ensure the Islamic financial services sector thrives as a solid, principled, and inclusive foundation that elevates the significance of Islamic finance in fostering a sustainable future worldwide.