The 46th Al Baraka
Islamic Economics Forum in Madinah: Enhancing the Role of Charity and
Benevolence in Sustainable Development
The 46th session of the Al
Baraka Islamic Economics Forum concludes today, Wednesday, in Madinah under the
theme “Charity and Benevolence in Islamic Economics: Towards a New Future.”
The forum was organized by the Al Baraka Forum for Islamic Economics from
February 9 to 11, 2026, at Prince Muqrin bin Abdulaziz University – Female
Campus.
The forum brought together
officials, financial thought leaders, scholars, policymakers, and
representatives from financial and development institutions across 18
countries, forming one of the largest intellectual and economic gatherings in
the region.
A Global Platform for Developing Islamic Economics
Al Baraka Forum is recognized as
one of the foremost global platforms specializing in Islamic economics. For
more than four decades, it has contributed to developing both the theoretical
and practical frameworks of Islamic economics, fostering constructive dialogue
among scholars, experts, and policymakers on contemporary economic issues,
while maintaining a balance between ethical values and economic efficiency.
The 46th session featured six
main panels and more than 20 scientific and practical tracks, focusing on the
pivotal role of the charity and benevolence sector as an active economic force
contributing to sustainable development, social stability, and economic
justice. This was addressed through traditional instruments such as Zakat, Waqf
(endowments), Sadaqah (voluntary charity), Qard Hasan (benevolent loans), and
volunteering, while exploring financial innovation and the role of Islamic
banks and financial institutions to ensure the sector’s growth and
sustainability.
Empowering Youth and Social Innovation
The forum placed special
emphasis on supporting innovation, empowering youth, and enhancing social
entrepreneurship by highlighting the role of modern technologies and innovative
financing in expanding the impact of charitable work and transforming social
initiatives into sustainable economic projects. The events included two
specialized scientific lectures and four applied workshops aimed at capacity
building, linking theoretical knowledge with practical application.
Additionally, the forum hosted
the “Bridges of Research and Practice” session under the patronage of the Saleh
Kamel Islamic Economics Award, enabling young researchers to present their
studies before leading academics and experts and receive scientific feedback.
The forum also featured the
Third Edition of the Young Researchers Hosting Grant for 2026, aimed at
fostering young scholars’ participation in scientific dialogue and building
professional and knowledge networks to advance Islamic economics and promote its
culture.
In conclusion, the 46th Al
Baraka Forum reaffirmed its pioneering role in strengthening the position of
the charity and benevolence sector as a key pillar of Islamic economics,
investing in human capital, empowering youth, and supporting innovation to achieve
sustainable economic and social impact.
(Source: News Websites)
ـــــــــــــــــــــــــــ
* للاطلاع على الترجمة الكاملة للخبر باللغة
العربية، اضغط (هنا).
