The 15th Annual Islamic Financial Services Board (IFSB) Summit launched Tuesday in Saudi Arabia under the slogan “Islamic Finance and Digital Transformation: Balancing Innovation and Resilience”. The event is hosted by the Saudi Central Bank (SAMA), in Jeddah governorate, with the participation of representatives of central banks, financial institutions, in addition to regulatory authorities from more than 18 countries and about 100 speakers. The three-day summit will include 15 discussion sessions and a workshop to discuss the political effects arising from rapid digital transformation, highlight the efforts required to enhance resilience and achieve stability in the field of Islamic finance services. This is in addition to digital transformation in Islamic financial services, crypto-assets and their implications on Islamic finance, financial technology and Islamic financial services. The summit will discuss ways to achieve collaboration between Islamic digital finance and sustainability, in addition to the effective use of technology in supervisory and regulatory activities by Islamic financial authorities and institutions. The summit is considered one of the most prominent events in the Islamic financial services sector, as it constitutes a major platform for discussion and exchange of views between regulators, market players and intellectual leaders to discuss matters related to correcting the regulatory direction and updating the regulations applicable to this sector; in order to further enhance its resilience and achieve its stability. The summit provides a unique opportunity for decision makers, regulators and market players in the global market from all over the world to exchange experiences, hold discussions and exchange visions on current and emerging matters in the field of Islamic finance. It is noteworthy that the IFSB includes more than 188 members, 80 regulatory and supervisory authorities, 10 intergovernmental organizations, and 98 active institutions in the market, including financial institutions, professional firms and union federations operating in 57 countries. — SPA