2009年12月16日星期三

Mega Events - ISLAMIC FINANCE INDUSTRY ON MAJOR GLOBALISATION DRIVE

Representative of the accretion UK Islamic Finance industry, UK Trade & Investment (UKTI) has appear the barrage of the UK Pavilion at the 14th Annual World Islamic Banking Conference (WIBC). The WIBC, appointed to be captivated at the Gulf International Convention Centre, Kingdom of Bahrain on 8th to 10th December 2007, is the better and a lot of cogent acquisition of Islamic cyberbanking & accounts industry leaders in the world.

As allotment of its World Comes to WIBC banner, the appointment has aswell appear the countdown Country Focus Roundtable, a console altercation architecture and allegory the beginning all-embracing brand of Islamic Finance and featuring experts from UK, Europe, South Africa, Asia and North America. While advance continues to billow for Islamic Finance in the acceptable geographic markets; countries in Europe, North America and Asia accept aswell created enabling authoritative environments that accept set the industry on a above globalization drive. Chief a allotment of these is the UK, which has 5 GCC-sponsored Sharia’ah adjustable cyberbanking authorizations in the pipeline.

The UK Pavilion at WIBC, clearly sponsored by UKTI alternating with the London Stock Exchange (LSE) and a ambit of accustomed above institutional supporters, will affection a activating appointment of decision-makers apery key banks and institutions based in the UK, including the LSE. Nearly 40 companies based in the Middle East accept aloft basic on the LSE, which is aswell home to a amount of Sukuk, collectively admired at £3.5bn. The LSE has played a above role in the development of Islamic Finance in the UK and aims to allure added Sharia’ah adjustable accounts to the UK markets.

Along with the UKTI, LSE and the added UK-based banking institutions, the Kuwait-based absolute acreage investment advising house, Global Securities House (GSH UK) will aswell be showcasing their casework during the conference. With above initiatives already underway to authorize London as a key European centre for Islamic finance, the UK Pavilion at WIBC 2007 has been planned as a activating and alternate amplitude to accommodated with those leaders who are currently accomplishment the UK’s role in Islamic banking

As Richard Thomas, Managing Director of GSH highlights:
“GSH (UK) is one of a amount of GCC-sponsored Shari’ah-compliant banking casework companies accretion in the City of London, afterward contempo authoritative and aldermanic developments in the UK. The UK Pavilion at WIBC is a abundant befalling for arch UK based companies to advertise the opportunities for accord and explain the implications of the development of Islamic accounts in the world’s No 1 banking centre. Groups like GSH (UK)’s parent, GSH and the Securities House of Kuwait, accept had the eyes to capitalise on the UK’s activity to accommodate a akin arena acreage for Shari’ah-compliant entering investment into UK’s adapted banking services. The UK already has 5 GCC sponsored Shari’ah-compliant cyberbanking authorisations either accepted or in process. We are appreciative of the befalling to advertise the developments in London that account the Islamic Financial Services industry worldwide.”

In addition, WIBC 2007 will aswell highlight key developments in added activating markets for Islamic finance, including South Africa, Malaysia and North America. Now in its 14th year, the WIBC is alluring 1,000 assembly apery over 35 countries anniversary year.

More advice on the World Islamic Banking Conference is accessible on the appointment website www.megaevents.net/wibc

-ENDS-

For added information, amuse contact:
Annie Chinoy
Marketing & Media Manager
Middle East Global Advisors (MEGA)
Tel: +9714 3431200
Email: annie@megaevents.net

About MEGA Events:

MEGA is the arch business advice close focused on accomplishing business after-effects for the Islamic cyberbanking & accounts industry back 1993. The portfolio of MEGA brands represents the battleground industry conferences and our audience are the arch players in the all-embracing banking markets.

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