## OIC Highlights Islamic Finance for Sustainable Growth
The session titled **“Exploring Global and Islamic Financial Opportunities for Economic Transformation”** took place on November 24 in Riyadh. This event focused on leveraging Islamic finance tools to drive sustainable development within OIC member countries.
### Key Points from the Session
- Islamic finance offers significant potential to support economic transformation and sustainability goals globally.
- Participants discussed ways to integrate Sharia-compliant financial models into broader economic frameworks.
- The emphasis was placed on the role of Islamic finance in fostering inclusive growth, social justice, and environmental responsibility.
### Official Statements
The Organization of Islamic Cooperation (OIC) underlined the importance of promoting Islamic financial systems to achieve sustainable development targets among its member states. They encouraged enhanced cooperation among financial institutions to unlock new opportunities for investment and economic resilience.
> “Islamic finance has a distinctive capacity to contribute to sustainable development by aligning financial practices with ethical principles,” the OIC statement highlighted.
### Summary
The session reiterated that Islamic finance, with its moral and ethical foundations, can play a crucial role in supporting economic development that is not only effective but also socially responsible and sustainable.
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Author's summary:
The OIC underscores the unique capacity of Islamic finance to drive equitable and sustainable economic development across its member countries through ethical financial practices.
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www.taghribnews.com — 2025-11-26