TASHKENT, UZBEKISTAN – Dr. Ali Sher Mohamad, Senior Advisor to the Central Asia Group (CAG), participated as a distinguished guest and contributor at the international scientific-practical conference, “Reimagining Finance: Towards Sustainable and Inclusive Systems.” The high-level event was hosted by the Banking and Finance Academy of the Republic of Uzbekistan on October 27, convening a global cohort of policymakers, financial institution representatives, and leading experts in Islamic finance.
The conference served as a critical platform for exploring the convergence of Islamic finance principles with global sustainable development goals. Key topics included the development of robust Islamic financial infrastructure, the growth of sukuk and innovative “green sukuk” markets, and the enhancement of Sharia-compliant governance frameworks to attract international investment.
Dr. Ali Sher Mohamad contributed to discussions on how ethical financial instruments can be leveraged to foster economic diversification, social inclusion, and environmental sustainability in Central Asia. His insights focused on the practical pathways for integrating these mechanisms into the regional financial ecosystem to bolster economic resilience and stability.
“The principles of risk-sharing, asset-backing, and ethical investment inherent in Islamic finance are perfectly aligned with the goals of sustainable and inclusive economic growth,” stated Dr. Ali Sher Mohamad. “For the Central Asia region, the strategic development of this sector is not just a niche opportunity but a powerful vehicle for attracting foreign capital, funding green infrastructure projects, and strengthening the overall financial sector. Conferences like this are essential for turning theoretical potential into bankable projects.”
The event also featured the signing of several landmark cooperation agreements between the Banking and Finance Academy and prestigious international institutions, including Marmara University (Türkiye), INCEIF (Malaysia), and Narxoz University (Kazakhstan), signaling a strengthened commitment to building regional expertise in this field.
Dr. Mohamad’s involvement underscores CAG’s strategic focus on identifying and advocating for financial models that drive long-term, sustainable development across Central Asia.
Central Asia Group (CAG) is a strategic partner for investment and development in the region, dedicated to fostering sustainable growth through deep local expertise and a commitment to innovative and responsible business practices.
