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Global Islamic finance leaders gather in Dubai to boost cross-border collaboration
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T
he Global Islamic Financial Institutions Forum 2025, hosted by Standard Chartered in Dubai, brought together leading figures from the Islamic finance industry to explore new strategies for cross-border collaboration and sustainable growth.
Held on May 9, the forum featured high-level discussions aimed at strengthening international partnerships and improving capital flows within the global Islamic financial ecosystem. One of the key sessions, the CEO Panel titled "Bridging borders, fueling growth: The next era of cross-border in Islamic banking", underscored the importance of regulatory alignment and shared innovation to support inclusive development.
The panel emphasized the growing need for multi-country synergies to unlock the full potential of the Islamic economy, especially in markets with strong Muslim populations and rising demand for Sharia-compliant financial services.
Among the prominent participants was Indonesia’s Haj Financial Management Agency (BPKH), represented by executive head Fadlul Imansyah. He stressed Indonesia’s readiness to play a larger role in the global Islamic finance landscape and shared the BPKH’s experience in managing public funds securely and productively.
“Our participation here reflects how BPKH-managed funds are not only safe but also yield tangible benefits,” Fadlul said. He also highlighted the role of BPKH Limited, the agency’s international arm, in building stronger global partnerships to optimize haj fund management.
Fadlul reaffirmed BPKH’s commitment to transparency, accountability, and sharia principles, while remaining open to future collaboration with international stakeholders.
Standard Chartered Islamic banking CEO Khurram Hilal echoed the sentiment, saying Indonesia’s large Muslim population and growing economy position it as a future hub of Islamic finance. He called on Indonesian institutions to strengthen strategic ties with global players, particularly in the Middle East, to drive inclusive growth in the sector.
