Webfluentia’s Insights from the 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024
On Wednesday, November 6th, Webfluentia had the pleasure of attending the 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024, a pivotal event for the Islamic finance industry held at the Royale Chulan Kuala Lumpur. Organized by the Centre for Research and Training (CERT) in collaboration with AIBIM, ASAS, AMANIE, and HSK, this year’s forum was centered around the theme, “Revitalizing the Economy via Islamic Finance.” The event gathered more than 1,000 influential figures, including regulators, government officials, senior executives, and board members, all committed to advancing the field of Islamic finance.
Key Highlights and Learnings
KLIFF 2024 was packed with engaging sessions and panel discussions covering a broad range of topics vital to the future of Islamic finance. Some of the standout moments from the event included:
Global Islamic Finance Outlook 2025: This presentation provided valuable projections on how Islamic finance will evolve globally. It highlighted how economic recovery efforts post-pandemic are positioning Islamic finance as a viable tool to foster inclusive economic growth.
Catalyzing Economic Growth Through Islamic Social Finance: This session explored how social finance can address socioeconomic challenges, emphasizing Zakat, Sadaqah, and Waqf as tools to drive economic revitalization.
Innovation and Fintech in Islamic Finance: A fascinating panel discussion underscored the potential of AI and Fintech in driving sustainable practices within Islamic finance. Speakers discussed how technology can improve transparency, customer engagement, and streamline Shariah compliance processes, making Islamic finance more accessible and competitive globally.
Each panel offered fresh perspectives on the challenges and opportunities within the industry. The forum also provided an insightful look into the ASEAN region’s growth potential for Islamic finance, with Malaysia being a prime driver of this expansion.
Staying Ahead in Islamic Finance
At Webfluentia, we recognize the importance of staying at the forefront of developments within Islamic finance. KLIFF 2024 not only deepened our understanding of current trends but also strengthened our commitment to supporting initiatives that foster growth and innovation within this field. As digital transformation and sustainable finance continue to shape the landscape, we are inspired to explore how our expertise in digital strategy can contribute to the evolution of Islamic finance.
We are excited to apply these insights as we continue to build solutions that align with Islamic principles, supporting financial inclusion and ethical investment. Our experience at KLIFF reinforces our dedication to driving positive impact through strategic innovation and positions us as a forward-thinking partner for Islamic finance institutions worldwide.
Webfluentia is grateful for the opportunity to participate in such a prestigious forum, and we look forward to next year’s KLIFF with anticipation.