One of the most respected Islamic finance leaders in the world, Bahrain is widely recognized for its pioneering role in deepening Islamic finance knowledge capital for the industry as well as it continuous influence in promoting innovation.

Home to some of the most consequential global Islamic standard-setting bodies – AAOIFI, International Islamic Financial Market and the General Council for Islamic Banks and Financial Institutions – Bahrain in recent years has taken the lead to spearhead developments in Islamic fintech and digital transformations. It was one of the first in the region to regulate digital investment management, crowdfunding and cryptocurrencies while taking into consideration the unique requirements of Shariah. It has also graduated several Islamic fintech companies from its regulatory sandbox. Amid the digital wave, the Kingdom has also taken significant steps toward promoting ESG and Islamic finance.