Defeating terror key message of Arab Islamic American Summit

Saudi King Salman and US President Donald Trump spoke of cooperation between the Muslim world and the US in order to halt terrorism and extremism in the world at the Arab-Islamic-American summit in Riyadh on Sunday.

“We will cooperate in ending terrorism and extremism in all its shapes and forms,” the king said, “Islam was and will continue to be a religion of tolerance and peace.”

Trump said he was “honored to be received by such gracious hosts, King Salman, continuing King Abdulaziz’s legacy.”

“I bring the message of love from the US - that is why I chose Saudi Arabia for the first foreign trip. US vision is one of peace, security and prosperity in the Middle East region and throughout the world.”

WATCH: Donald Trump's speech at the US-Islamic Summit

“This special gathering may be the beginning of peace in the Middle East and maybe all over the world. We are not here to lecture. We are here to offer partnership, to pursue a better future for us all.”

“Most of the world has suffered from horrific terrorist attacks, but not more than the Arab world. This isn't a battle between different faiths, sects, or civilizations... but with barbaric criminals.”

WATCH: King Salman's speech at the US-Islamic Summit

The Saudi king announced a historic agreement with the US to track and target sources of terrorist financing.

Trump said that the “Iranian regime is responsible for so much instability in the region,” and that it “funds arms, trains militias that spread destruction and chaos.”

King Salman also spoke of how “the Iranian regime has spearheaded terrorism since Khomenei’s revolution.”

The Arab-Islamic-American Summit kick started in the Saudi capital Riyadh with more than with 50 leaders from the Muslim world participating.

King Salman on Sunday tweeted that the upcoming Arab-Islamic-American Summit hosting Trump would cement a global anti-terror alliance.

“I welcome my brethren and friends to the Arab-Islamic-American Summit, which will bring positive horizons for our region and the world, we will cement our alliance against extremism and terrorism,” the king tweeted following a meeting between Trump and Gulf leaders, which aimed at addressing security and defense issues.