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Islamic Finance Experts Meet At The World Islamic Finance Conference

Chris N. Fernando April 19, 2013 Comments Closed 0 likes

Fleming Gulf brings to you the 3rd Annual World Islamic Finance conference, an event that will equip you with knowledge that will take you miles ahead of your peers.
“Islamic finance continues to expand and has become an integral part of the international financial system. However, there is a need to further strengthen its resilience to withstand all possible market imperfections and future shocks. With increased liberalisation, the Islamic financial system has become more diversified and Islamic financial markets have deepened. As a result, Islamic finance has now emerged as among the fastest growing segments in the international financial services industry. “The Global Islamic finance industry has been witnessing high growth for more than a decade. With its Muslim demographics, culture and heritage and government support, the UAE is ideally positioned to become a global Islamic Finance hub. We have been witnessing an increase in customer demand for products, that are transparent, ethical and well-governed, making innovative Islamic Banking products a natural and alternate choice to conventional banking.”- Hamayoun Khan Babar, Head Islamic SME Banking-UAE, Standard Chartered Saadiq.

The Islamic finance industry has gone through major changes in the last decade in its pursuit to enhance international competitiveness and to build a sustainably lucrative business model. There has been a focus on product improvement that aims to provide a broader range of Shari’ah-based products for meeting the requirements of the unending demands of the market. The global Islamic finance industry has also seen considerable developments in regulatory frameworks and Shari’ah standardization initiatives – making trans-jurisdictional market connectivity achievable. However, both the biggest challenge and the opportunity currently facing leading industry players is how will Islamic banks succeed in making the historical growth curve while being sustainable and profitable.

Fleming Gulf brings to you the 3rd Annual World Islamic Finance conference, an event that will equip you with knowledge that will take you miles ahead of your peers. This is an opportunity to discuss the issues, challenges and future of global Islamic Finance with the best available resources of the industry. The conference will discuss the opportunities of linking the European Islamic Finance business & strategies between Middle East & Asia Pacific. This is an opportunity to empower yourself with the solutions & workarounds to the current challenges faced by the Islamic Finance industry with respect to banking regulations, taxation policies, finance strategies to minimize risks, Islamic banking framework across regions, Shari’ah compliant product development, legal limitations & advancements in technology to name a few. We focus on the potential opportunities of Islamic Finance from the region and across the world.

Tags: Annual World Islamic Finance Conference, Fleming Gulf

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