About TIEF
The Turin Islamic Economic Forum is a project shared by the Municipality of Torino, the Chamber of Commerce of Torino, the University of Torino and ASSAIF– Associazione per lo Sviluppo di Strumenti Alternativi e di Innovazione Finanziaria – to promote effective initiatives on Islamic Finance for social inclusion and economic development of the territory.
It’s a unique event hosted by a local government that offers local stakeholders the chance to meet international leading players in the fields of Islamic finance and economy.
A two-day event to share ideas, learn from outstanding international best practices and examine new trends in Islamic Finance
After the maiden (2014) and second (2015) TIEF editions that launched, explained and created the momentum for Islamic finance and economy, the City of Torino hosted the third edition on March 6th and 7th 2017, focusing on the use of Islamic finance to trigger processes of social inclusion and to foster economic development and internationalisation of local SMEs, particularly in the field of renewable energies, biotechnology and aerospace, with insights and updates on the evolution of the national law on fiscal neutrality.
1. What
The Turin Islamic Economic Forum (TIEF) is a project shared by the Municipality of Torino, the Chamber of Commerce of Torino, the University of Torino and ASSAIF– Associazione per lo Sviluppo di Strumenti Alternativi e di Innovazione Finanziaria – to promote effective initiatives on Islamic Finance for social inclusion and economic development of the territory.
2. Where
Torino, with its 908.000 inhabitants, its 130 km2 of territorial extension and its GDP of 55.000 millions of Euros (which is 4.5% of the national GDP), is one of the most important cities in Italy. It is a modern and vibrant city which can be considered as a model worldwide since it has become a centre of innovation and culture of which we are very proud.
3. Why
The Islamic economy and finance is growing and making an increasing contribution to the global economic growth. According to the Economist magazine (September 2014), Islamic finance grew at an annual rate of 17.6 percent between 2009 and 2013, faster than conventional banking and is estimated to be US$2 trillion in size.
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Pic from conference 2017
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