Fifth edition of Global Islamic Economy Summit announces ‘Driving Transformation’ theme, to run from 1-2 November 2021

• Highly anticipated Summit to be held during Expo 2020 Dubai
• Summit to feature three sub-themes – Innovation, Connectivity, Impact
• Abdulla Mohammed Al Awar: Expo 2020 Dubai sets the stage to usher in the fifth edition of GIES
• Najeeb Al-Ali: GIES 2021 will help shape a better future for us all
• Hassan Al Hashemi: The Summit, with its innovative themes, will support Dubai's vision and efforts to transform it into the global capital for Islamic economy

Dubai-UAE: 18 April, 2021 – The Dubai Islamic Economy Development Centre (DIEDC) today announced the theme for the fifth edition of the Global Islamic Economy Summit (GIES 2021), organised this year in partnership with Dubai Chamber of Commerce and Industry (Dubai Chamber) and with the strategic support of Refinitiv, a London Stock Exchange Group company.

Themed ‘Driving Transformation’, the largest convention of Islamic economy stakeholders and experts is set to run from 1 to 2 November 2021, on the sidelines of Expo 2020 Dubai. GIES 2021 aims to provide insights into the opportunities and challenges for the global Islamic economy in the upcoming period and to spotlight latest trends, policy developments and learning experiences.

According to the latest State of the Global Islamic Economy Report (SGIE 2020/21), developed by DinarStandard, consumers spent US$2.02 trillion in 2019 across the food, pharmaceutical, cosmetics, fashion, travel, and media/recreation sectors, reflecting a 3.2 per cent year-on-year growth from 2018. In addition, Islamic finance assets were valued at US$2.88 trillion during the same year.