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Islamic finance set for dynamic growth

Manama, November 20, 2012

The global market for Islamic financial services is now on the threshold of a new level of dynamic growth which will help strengthen economic inter-linkages between key nations in the Organisation of Islamic Co-operation and beyond, said banking experts.

In an increasingly globalised landscape, Islamic finance is beginning to play an increasingly important role in strengthening economic inter-linkages between key nations in the Organisation of Islamic Co-operation and beyond, said experts ahead of a major Islamic finance event in Bahrain.

The 19th annual World Islamic Banking Conference (WIBC 2012) will be held from December 9 to 11 with the official support of the Central Bank of Bahrain.

For the past 19 years, the annual summit has been at the forefront of supporting growth, excellence and innovation in the global Islamic banking and finance industry, said a report in the Gulf Daily News, our sister publication.

The event is set to gather more than 1,200 international industry leaders from over 50 countries for discussions that will seek to build momentum for leading international initiatives to facilitate the global development of Islamic finance.

'The World Comes to WIBC' initiative is a key feature which is focused on providing a collaborative platform for the global Islamic finance industry to discuss the most pressing issues the industry is facing in key markets across the globe, said the organisers.

With a series of country pavilions and country focus interfaces, the World Comes to WIBC Initiative has this year been further expanded to include new jurisdictions and will showcase Islamic finance capabilities in exciting new growth regions, they added.-TradeArabia News Service




Tags: Bahrain | Islamic Finance | growth | Summit |

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