The Discourse focused on the shift in the global economy’s center of gravity, moving eastwards from the Western Northern Hemisphere where it used to be for many decades. The panelists also discussed on the significant rise in the global Islamic Finance and Halal Business, and the rise of many Muslim nations and communities to form part of the new emerging market and some 900 million new middle class consumers in the world.
The WIEF Education Trust (WET) was launched during the 2nd WIEF in Islamabad, Pakistan in 2006. The WET was established on the premise that education is the most important pillar in every society and that the fate and future of a community lies in the quality and availability of education for its people. The WET is aimed at garnering support and resources from the Muslim world to provide education opportunities to the people at large.
In order to help achieve its objectives, the WIEF-UiTM International Centre was set up in 2007 to undertake vocational training and capacity building programmes. H.E. Dr Ahmad Mohamad Ali, President of the Islamic Development Bank delivered a Special Address in UiTM to commemorate the Centre’s Inaugural Ceremony in February 2008.
Since then, the WET has carried out the unique WIEF-UiTM Global Discourse Series that addresses topical issues relating to business and economics, as well as scientific and technological advancement crucial to the development in the Muslim world. This programme has gained increasing popularity with the public and private sectors as well as the academia, and also attracted local and international award winners and high caliber speakers to the discourse.