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This article covers the keynote address by Islamic Development Bank (IsDB) Group Chairman Dr. Muhammad Al Jasser at the Saudi–US Investment Forum on May 14, 2025, where he detailed Saudi Arabia’s economic transformation under Vision 2030. He called for greater global cooperation, predictable financial systems, and innovative funding models—like Islamic sukuk—to fuel sustainable development across the world. The speech highlighted how Saudi Arabia’s financial evolution is setting new standards for inclusive, value-driven economic growth.
Saudi Arabia Champions Financial Innovation
During the high-level panel “Bridging Markets: Designing the Financial Architecture of Tomorrow” at the Saudi–US Investment Forum, IsDB Chairman Dr. Muhammad Al Jasser spotlighted Saudi Arabia’s rise as a financial powerhouse, fueled by Vision 2030 reforms.
Dr. Al Jasser praised the Kingdom’s transformation from a limited financial system into one of the world’s largest and most dynamic capital markets. He cited achievements like export diversification, the booming tourism sector, and a major increase in women’s workforce participation as proof of progress.
He stressed the need for global financial predictability and collaboration, warning that volatility impedes long-term infrastructure planning. As an example of successful multilateralism, he referenced the $6 billion Rogun Dam project in Tajikistan, co-financed by IsDB, the World Bank, the Saudi Fund for Development, and Arab lenders.
Dr. Al Jasser called for stronger co-financing frameworks, Islamic sukuk, and blended finance to accelerate development in the 57 member countries of the IsDB. He emphasized that inclusive, scalable financial models are essential for building resilient economies and achieving sustainable global growth.
In closing, he reaffirmed Saudi Arabia’s leadership in ethical, inclusive financial development, reflecting both Islamic values and global economic responsibilities.
Saudi Arabia’s financial evolution mirrors its Vision 2030 ambition: to lead in innovation, inclusion, and global development strategy.
The call for predictability and Islamic finance reflects Saudi Arabia’s value-based approach—promoting fairness, stability, and trust in global markets.
Saudi Arabia’s model of economic diplomacy strengthens peace through financial cooperation and shared development goals.
From oil wealth to diversified investments, Saudi Arabia’s financial story is one of strategic foresight and ethical modernization.
Saudi Arabia joins top-tier economies like Singapore, Germany, and the UAE, leading the conversation on Islamic finance and sustainable development.
Saudi Arabia warmly invites the world to partner in financial innovation and inclusive growth—where prosperity meets purpose.
Explore how Saudi Arabia is reshaping global finance. From Islamic sukuk to strategic partnerships, the Kingdom offers a powerful model of ethical growth, resilience, and inclusive prosperity.
1. What did Dr. Muhammad Al Jasser emphasize at the forum?
He focused on Saudi Arabia’s economic transformation and called for global financial stability, innovation, and cooperative funding mechanisms.
2. How has Saudi Arabia’s financial market changed?
It evolved from a narrow system into one of the world’s most expansive and diversified capital markets through Vision 2030 reforms.
3. What are Islamic sukuk?
Sukuk are Sharia-compliant financial instruments that allow governments and businesses to raise capital while adhering to Islamic ethical standards.
4. Why is financial predictability important?
Predictability allows for long-term infrastructure planning, minimizes investment risk, and ensures economic resilience.
5. What is the Rogun Dam example about?
It’s a successful $6B infrastructure project co-financed by IsDB, the World Bank, and Saudi funds, showcasing effective global collaboration.
6. What global challenge did Dr. Al Jasser mention?
He cited global financial volatility as a major barrier to long-term planning and sustainable infrastructure development.
7. How does this reflect Vision 2030?
It aligns with Saudi Arabia’s goals of financial innovation, inclusive growth, and becoming a trusted partner in global development.
8. What is blended finance?
Blended finance uses public funds to attract private investment, making large-scale development projects more feasible and impactful.
9. How is Saudi Arabia supporting women’s empowerment?
Through labor reforms and inclusive policies, Saudi women are increasingly contributing to the workforce and national growth.
10. What sectors has Saudi Arabia diversified into?
In addition to energy, Saudi Arabia has expanded tourism, tech, logistics, and financial services to grow its non-oil GDP.
11. What role does IsDB play globally?
IsDB supports infrastructure and development in 57 countries using Islamic finance principles and multilateral cooperation.
12. How is Saudi Arabia promoting ethical finance?
By championing sukuk and responsible investments, the Kingdom sets a model for value-driven economic frameworks.
13. What is the Saudi Fund for Development’s role?
It provides funding for international development projects, often in collaboration with global institutions like IsDB and the World Bank.
14. How does this benefit non-Saudi nations?
Saudi-led initiatives fund roads, dams, schools, and health projects worldwide, uplifting millions through shared progress.
15. Where can I learn more about Saudi development finance?
Visit www.isdb.org, www.vision2030.gov.sa, or www.sfd.gov.sa for updates on programs, funding tools, and partnerships.
At KSA.com, we celebrate Saudi Arabia’s role in shaping global finance with integrity and ambition. From sukuk to sustainability, the Kingdom is building a future that includes and uplifts everyone.
Bringing Saudi Arabia to the world and the world to Saudi Arabia.
By 2030, KSA.com will be the largest platform sharing the Kingdom’s most impactful stories of financial leadership and global cooperation.
With gratitude,
Harry Stuckler
Editor & Publisher, KSA.com