Top forum to probe Islamic banking

| Wednesday, November 18, 2009

As cautious optimism returns to the global economy more than 1,200 industry decision-makers from over 50 countries are preparing to meet in Bahrain for a top Islamic banking conference.

The 16th Annual World Islamic Banking Conference (WIBC 2009), to be held from December 6 to 8, will focus on "New Strategies for New Economic Realities".

WIBC 2009 has set the stage for discussions that will shape the post-crisis landscape as Islamic banks grapple with the need to manage risk, seek new growth markets, deliver on market expectations as well as remain competitive.

The theme of WIBC 2009 reflects this fresh outlook that the leading Islamic financial institutions are currently adopting as they compete in an increasingly challenging landscape.

"It is heartening to experience the vibrancy and sustained growth that our industry, Islamic banking, has seen over the last few years," said Abu Dhabi Islamic Bank chief executive officer Tirad Mahmoud.

"I am impressed most by the upbeat stance of the entire industry in face of the global economic situation in general and that of the banking sector in particular. I am also pleased that we are a Platinum Strategic Partner of the WIBC 2009 as it is one of the few global platforms where leading industry players converge."

"At Gulf Finance House (GFH), we believe Islamic banking has a big future and not just in traditional markets but on the global stage," said GFH chief executive officer Ahmed Fahour. "The annual WIBC is a key player in stimulating debate and tackling the issues the industry will face in the years ahead."

A panel of industry experts will lead discussions on controversies in Islamic finance with emphasis on lessons learnt from the global financial crisis.

A roundtable panel representing UK institutions will offer insights on the UK's perspective on Islamic finance.

In addition, the launch of the 2009-2010 edition of the WIBC Competitiveness Report, a critical reference source for industry decision makers, providing strategic insights from McKinsey & Company, will also provide a powerful research platform for discussing key trends, challenges and opportunities in Islamic banking.

Link: http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=264311

0 Comments:

Post a Comment