Mega Events - Larger Transaction Sizes and Higher Ratios of Islamic Tranches Predicted in Project Finance Market

Recognising development and addition in the Islamic Finance industry, the accessible 2nd Annual World Islamic Infrastructure Finance Conference (WIIFC) appearance the International Industry Award, presented in affiliation with KPMG to advance arete in the all-around Islamic activity accounts environment. The WIIFC is appointed to be captivated on the 4th and 5th of November 2007 at the Four Seasons Hotel in Doha, Qatar with the accolade to be presented at the WIIFC Gala Dinner, hosted by Bahrain’s Borouj Capital on the aperture day.

The bazaar for Islamic accounts as a key antecedent of costs all-embracing projects is now advancing of age. Complex deals are added featuring an Islamic accounts component, which is added dispatch addition as institutions advance the next bearing of Islamic accounts solutions to cope with the huge bang in absolute estate, LNG, activity and basement developments. With Islamic banks now accepting acquired above acquaintance in added circuitous affairs and accepted institutions added cutting their own capabilities, the bazaar is now set to aggrandize to see even beyond transaction sizes in the year ahead.

2006 was a watershed year for Islamic activity finance, with some 12.65% of bounded activity accounts accepting Islamically-structured - about bifold the 6.58% of 2005. Furthermore, some ample deals included the arrangement of the Islamic basic at over 40% of the absolute aggregate raised. Industry experts are now admiration that the approaching abeyant of Sukuk as a approach of accounts and Islamic clandestine disinterestedness funds assuming an appetence for basement investments will accommodate the catalyst for the next beachcomber of advance – and aswell allure non-bank investors. In addition, added and added accumulated end-users are analytic to the Islamic banking markets as a antecedent of capital, and these armament will actualize the bazaar altitude for added record-breaking years in 2007 and beyond.

WIIFC 2007 will aswell affection a affair absorption on the capital affair of the conference, Innovation in Islamic Project Finance. This affair will abode the accretion composure of Islamically-structured transactions, what will the next bearing of Islamic banking solutions attending like and appraise to what admeasurement Islamic banking institutions are accessible for the challenges of added circuitous transactions.

The appointment has admiring cogent players in the Islamic accounts bazaar as ally and sponsors, including QNB Al Islamic, Borouj Capital, Barclays Capital, Masraf Al Rayan, Ernst & Young, Investment House, Al Safa Islamic Bank, Doha Islamic Bank, Calyon Corporate & Investment Bank, Fitch Ratings, Doha Bank, International Centre for Education in Islamic Finance (INCEIF), Calyx Financial, KPMG, DLA Piper, and Qatar Airways.

More than 250 chief decision-makers apery market-leading banking institutions and developers are accepted to appear WIIFC 2007 to map out the approaching mural for mega-deals and analyze the next bearing of Islamic costs solutions.

More advice on the World Islamic Infrastructure Finance Conference is accessible on the official appointment website www.megaevents.net/wiifc

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

About MEGA:

MEGA is the bazaar 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.