Global Muslim Business Forum

Promoting dialogue & discourse on the Global Islamic Economy

[ICCD @iccia_iccd]

The Global Muslim Business Forum (GMBF) 2025 has successfully wrapped up, marking the end of a significant gathering of leaders, innovators, and visionaries from the Muslim world.
During the forum, attendees examined strategies for sustainable economic growth, strengthened cross-border collaborations, and exchanged valuable insights on innovation, investment, and inclusion across various sectors.

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"Our main goal is “Ethical Entrepreneurship”, a framework that goes beyond trending terms. “Ethical” is not just aspirational; it’s actionable and rooted in proven principles: a company’s purpose must be ethical, Halal, and purpose-driven.”

Dr. Wael ElDesouky, Secretary General of Sustainable Entrepreneurship & Enterprise Development Organization (SKSEED), highlighting the pivotal importance of ethical entrepreneurs in building thriving economies.

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"Our ultimate goal is to show the world the real picture of Muslim woman as we see it, as we feel it.”

Ms. Natavan Mammadova, Secretary General of Maida Nazir Organization for Women’s Economic Empowerment, highlighting the organization’s crucial role in empowering women across the Islamic countries.

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Ms. Noor Amy Ismail, Board Director (Global Services), Wahed & Faculty Lecturer, University Teknologi Malaysia (UTM), highlights that when women come together with purpose, and create safe, inclusive spaces, youth naturally follow, contribute, and lead.

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[ICCD @iccia_iccd]

Acknowledging women and youth as essential catalysts for progress, the fourth session titled “Women, Youth, and Sustainable Development” examines initiatives and frameworks that facilitate their comprehensive participation in sustainable development. Our distinguished experts will engage in discussions on strategies to empower these groups, enhance community impact, and promote inclusive economic and social growth, paving the way for a resilient future.

This fruitful session is moderated by Mr. Zaim Mohzani, Senior Director of External Relations, KSI Strategic Institute for Asia Pacific.

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

"Azerbaijan has well-developed tourism infrastructure covering transport, hospitality, attractions, and sporting facilities that shape its competitiveness as a destination."
Ms. Shabnam Karimova First Secretary, Embassy of Azerbaijan to Malaysia, sharing insights on Azerbaijan’s strategic positioning in the Halal and cultural tourism landscape, and emphasizing the country’s commitment to inclusivity and sustainability.

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[ICCD @iccia_iccd]

Happening Now at GMBF 2025!
Mr. Mirza Vejzagic, Vice President, Malaysia-Bosnia and Herzegovina Business Council (MBBC), highlighting Bosnia’s strategic position as a hub for Halal tourism worldwide, indicating: "Bosnia ranks the 14th globally in the Halal tourism."
#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

“We are supporting the development of Islamic tourism in terms of strengthening the Halal supply chain, empowering talents, and fostering the cooperation between other countries.”

Mr. Noridham Nordin, Head of Halal Training Institute, Halal Development Corporation (HDC), highlighting the vital role of HDC in promoting Islamic tourism, at the panel discussion titled “Islamic Tourism and Hospitality – Driving Growth and Building Cross-Border Synergies”.

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

With a strategic vision to promote Halal-friendly destinations, H.E. Mr. Ardasher Qodiri, Ambassador of the Republic of Tajikistan to Malaysia, pointed out the growing significance of the halal tourism sector in fostering sustainable economic development and international cooperation.

In this regard, he stated: “The global Muslim travel segment has evolved into a great economic force linked to a population of almost two billion people, with the rising expectations for travel experiences that reflect cultural authenticity, family orientation, and Islamic values. For many developing economies, this presents an opportunity to create new industries, modernize services, and strengthen cross-border partnership.”

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[ICCD @iccia_iccd]

“Islamic tourism is a very powerful engine of economic growth, supported by a global Muslim population that is young, vibrant, increasingly affluent, and eager to travel in ways that reflect their values and lifestyles.”

Mdm. Nur Alyssa Coraline binti Yussin, Acting Director-General, Islamic Tourism Centre (ITC), Malaysia, shedding light on the transformative potential of Islamic tourism as a key driver of inclusive and values-based economic development, both domestically and globally.

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@ITC_MY

[ICCD @iccia_iccd]

The panel discussion titled “Islamic Tourism and Hospitality – Driving Growth and Building Cross-Border Synergies”!

This engaging session explores how Islamic tourism and hospitality connect with broader economic and financial landscapes, emphasizing opportunities for cross-border collaboration and the sector’s capacity to promote sustainable economic development across the Islamic world.

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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Ms Rejina Rahim, Founder, Wahine Capital & Former Council Member, Malaysia International Islamic Financial Centre (MIFC), addresses the ongoing challenges in Islamic asset management and underscores the critical role of sustainability in advancing the market, stating: "sustainability is something that institutional investors are very keen on, and it has to be achieved for a better future."

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

Given the robust growth of Islamic finance over the past few decades, Mr. Bilal Parvaiz, CEO, Standard Chartered Saadiq (Islamic Banking) Malaysia, indicated: "The global Islamic finance market of Islamic finance is now at about $5 trillion, and it is expected to reach 7.5 by 2030.", during his insightful participation at GMBF 2025.

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“Islamic banking is growing very fast. However, there are challenges in particular aspects still require attention.”

Professor Emeritus Dato' Dr. Mohd Azmi Omar, President and CEO of INCEIF University, during the panel discussion titled “Advancing and Reimagining Islamic Finance and Banking”.

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[ICCD @iccia_iccd]

Welcome to the panel discussion titled “Advancing and Reimagining Islamic Finance and Banking”!
Get ready to explore the pathways for enhancing institutions, innovating products, and adapting strategically to global trends.

Moderated by Dato’ Seri Dr. Vaseehar Hassan Abdul Razack, Executive Vice Chairman, KSI Strategic Institute for Asia Pacific & Director, Bank Rakyat, Malaysia, this discussion will highlight how the sector can sustain inclusive growth and make significant contributions to the global economy.

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

Celebrating brilliance with the special GMBF Business Excellence Awards, in the presence of our Guest of honor, TYT Tun Seri Setia (Dr) Haji Mohd Ali bin Mohd Rustam,Yang di-Pertua Negeri Melaka, Malaysia (Governor of the State of Melaka, Malaysia)!

Join us as we honor outstanding achievements and innovations in the business landscape!

The Special GMBF Business Excellence Awards celebrate those who exemplify excellence, creativity, and a commitment to sustainable growth.

Don’t miss this opportunity to recognize the brilliant minds shaping the future of the Muslim business community!

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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[ICCD @iccia_iccd]

“The Muslim world needs more partnerships, peace, and prosperity. This forum promotes dialogue and understanding, not only among the Muslim ummah, but between Muslims and non-Muslims as well, so that together we can benefit from a shared future of peace, prosperity, and enlightenment.”

H.E. Tan Sri Michael Yeoh, President, KSI Strategic Institute for Asia Pacific (KSI) & President, World Digital Chamber (WDC), during his introductory remarks at the Awards Ceremony of GMBF 2025.

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[ICCD @iccia_iccd]

“With a global population of nearly two billion Muslims and rising, we represent not only a vibrant community but a major force of global economic opportunity. Muslim consumer spending has reached new heights, fueled by growth across Halal food, pharmaceuticals, modest fashion, travel, media, Islamic finance, ... etc.”

At the panel discussion titled “Strengthening Economic Partnerships for Trade, Investment, and Innovation”, H.E. Sir Iqbal Sacranie, Chairman, Muslim Trade Forum (MTF) and Chairman, Global Group of Companies, UK, highlighted the tremendous economic potential of the Muslim community worldwide.

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[ICCD @iccia_iccd]

Emphasizing the critical role of partnerships in fostering economic growth, Prof. Dr. M. Din Syamsuddin, Co-Chairman, Global Muslim Business Forum (GMBF) 2025 & Chairman, Centre for Dialogue and Cooperation among Civilizations (CDCC), Indonesia, stated: “We need to raise awareness about the importance of cooperation between Muslim countries and Muslim businesses, both at the G2G form and P2P (People to People) form.”

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[ICCD @iccia_iccd]

“One of the biggest enablers of intra-ASEAN trade and investment is the presence of multiple banks, facilitating the trade investment among the ASEAN countries.”
Tan Sri Abdul Wahid Omar, Chairman, Cypark Resources & Former Minister in the Prime Minister's Department (Economic Planning) and Former Chairman Bursa Malaysia, during the panel discussion titled “Strengthening Economic Partnerships for Trade, Investment, and Innovation”.

#GMBF #GMBF2025 #GlobalMuslimBusinessForum #Malaysia #ICCD #business #SustainableGrowth #Sustainability #SustainableDevelopment

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