EDDAH: Saudi Arabia was fast reaching its goal of becoming the global hub for Shariah-compliant investment, amid challenges of aligning the growing industry securely with the latest digital technology.

These issues were raised on Tuesday at the opening ceremony of the 42nd Al-Baraka Islamic Economics Symposium. Among those who attended included Prince Saud bin Khalid Al-Faisal, deputy governor of Madinah, on behalf of the city’s governor Prince Faisal bin Salman bin Abdulaziz. Also present was Prince Dr. Mamdouh bin Saud bin Thunayan, president of the Islamic University of Madinah.

This year’s symposium was titled “Envisioning the Future of the Digital Economy,” and included the participation of leading economics, finance, and investment experts.

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