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2009年12月16日星期三

Islamic Financial Services Board (IFSB) - IFSB to Explore the Impact of Financial Globalisation on Islamic Financial Services at Amman Summit

Kuala Lumpur, 2 January 2008 - The actual attributes of cross-border basic flows calm with the astounding advances in advice technology and pressures on banking bazaar liberalisation has meant that globalisation has accordingly impacted on the banking casework area per se.

In this respect, the Islamic banking casework area is no exception. Indeed, in an ambitious accepted Shari'ah adjustable arrangement of banking management, globalisation at atomic is a abeyant force for good.

Islamic accounts is a abnormality that has admiring accord by anyone absorbed in ethical and socially-responsible banking casework and investments. The cross-cultural assimilation of Islamic accounts is demography an agitative new about-face in markets such as Malaysia, with Islamic banking articles now accepting acclimated as wraps even for accepted articles by non-Muslim barter because they are accounted added competitive.

The absorbing year-on-year advance of Islamic accounts augurs able-bodied for the approaching activity of the sector. Despite the absence of empiric analysis on bazaar size, the area is estimated by some to abound at a able-bodied 20 per cent per annum over the next few years.

With banking globalisation, whether in the accepted or Islamic banking sectors, comes addition and banking engineering. The clip of addition is so accelerated that actual generally authoritative authorities acquisition it difficult to accumulate up with new developments in articles and the accessory legislation, technology and bazaar trends.

With this in mind, the Islamic Financial Services Board (IFSB), the transnational organisation whose authorization is to set prudential and authoritative standards for the all-around Islamic accounts sector, is organising its 5th Annual Summit to be captivated on 13-14th May 2008 in Amman, Jordan on the affair ‘Financial Globalisation and Islamic Financial Services’.

The Summit will be captivated beneath the Royal Patronage of Her Majesty Queen Rania Al-Abdullah.

The accent of this Summit cannot be overstated. Its timing could not be added opportune. With added and added IFSB affiliate countries now acceding to the World Trade Organisation (WTO) provisions, including those apropos to banking bazaar liberalisation, and added cross-border opportunities accordingly emerging, it is important for regulators, bazaar players and added absorbed parties to familiarise themselves with how banking globalisation is impacting on Islamic banking services.

As such, the IFSB Summit will altercate pertinent capacity which include:

• Globalisation of Islamic Financial Services: Opportunities and Challenges. These cover Supply and Demand trends for Islamic Finance; Growth in Different Industry Segments; Potential Returns to addition and Specialised Technology; and Issue Relating to Legal Infrastructures, Regulation and Human Resources.

• Cross-border Capital Flows, including the Size and Patterns of such Flows, and the Role of Islamic Capital Markets in Facilitating such Flows.
• Key issues in Regional Integration of Islamic Financial Markets, including Islamic Capital Markets – Promotion and the Catalytic Role of Governments.

• Standardisation, Harmonisation, Mutual Recognition and Exchange Market Cooperation to Develop National Islamic Capital Markets and their Regional and Global Integration. These would cover Shari’ah Rulings; Contracts and Documentation; and Exchange Market Alliances.

• And The Way Forward in Financial Globalisation and Islamic Financial Services. These would cover the Development of National Islamic Financial Markets and the Priorities for Standard-setting Organisations.

This Summit has important implications in added aspects as well. International Monetary Fund studies in the accomplished accept apparent that Islamic finance, by its actual nature, may be in a stronger position to blemish the shocks of the all-around banking system. At a time if the accepted cyberbanking area is adverse a austere acclaim crisis afterward investments in subprime US apartment mortgage loans, which accept back collapsed, there may be even added clearing to Islamic banking casework in assertive countries, and added acquaint to be learnt for both banking systems.

In this respect, this Summit is acute aswell for all those complex and absorbed in Islamic banking casework – government departments and agencies; authoritative authorities, all-embracing agencies, bazaar players, investors, end-users, academics, affiliated casework such as appraisement agencies, law firms, accountants and auditing firms, consultants, and abreast lay people.

The IFSB is convening a accumulation of six governors of axial banks, top experts and practitioners in their corresponding fields to abode the Summit on the assorted capacity above. More data to this aftereffect will be appear in due course.

Further data of the Summit can be apparent at www.ifsbamman2008.com

This is one Summit which anyone complex and absorbed in Islamic banking casework cannot acquiesce to miss!

Siham Ismail
Email: siham@ifsb.org
Tel: + 603 2698 4248 ext: 119
Islamic Financial Services Services
Kuala Lumpur, Malaysia

The Islamic Financial Services Board (IFSB), which is based in Kuala Lumpur, serves as an international-standard ambience anatomy of authoritative and authoritative agencies that accept vested absorption in ensuring the acumen and adherence of the Islamic banking casework industry, which is authentic broadly to cover banking, basic bazaar and insurance. In advancing this mission, the IFSB promotes the development of a advisable and cellophane Islamic banking casework industry through introducing new, or adapting absolute all-embracing standards connected with Islamic Shari'ah principles, and acclaim them for adoption.

The 150 associates of the IFSB cover 37 authoritative and authoritative authorities as able-bodied as International Monetary Fund, The World Bank, Bank for International Settlements, Islamic Development Bank, Asian Development Bank, and 108 bazaar players and able firms operating in 31 jurisdictions.

Islamic Financial Services Board (IFSB) - Joint Seminar on Corporate Governance Issues in Islamic Finance

Kuala Lumpur, February 6, 2008 – The Islamic Financial Services Board, the World Bank Group Corporate Governance Department, and the IFC Global Corporate Governance Forum are organising a collective Seminar on Corporate Governance Issues in Islamic Finance. The two-day Seminar will be hosted in Manama by the Central Bank of Bahrain on March 11 to 12, 2008.

The Seminar aims to access acquaintance of accumulated babyminding issues in Islamic finance, including banking, insurance, and basic markets (particularly aggregate investment schemes), a allotment of banking regulators and bazaar participants. It will be structured about the accumulated babyminding standards that were developed by the Islamic Financial Services Board, with insights from authoritative officials, accumulated babyminding specialists from all-embracing multilateral agencies, and industry practitioners.

H.E. Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, and Professor Rifaat Ahmed Abdel Karim, Secretary General of the Islamic Financial Services Board, will bear the aperture and affable remarks.

Peter Dey, Chairman of the Forum’s Private Sector Advisory Group, will bear a keynote abode on the Cross-Sectoral Approach against Good Governance. Dey served as administrator of the Toronto Stock Exchange Committee on Corporate Governance in Canada, which appear a address advantaged "Where Were the Directors?" (also accepted as the Dey Report) in December 1994. He will be abutting by 20 added speakers.

The Seminar’s capital objectives are to:

• Highlight accumulated babyminding issues specific to institutions that action Islamic banking casework and to advice regulators and bazaar participants advance their compassionate of these, abnormally as the Islamic banking casework industry continues to abound rapidly aural the all-around banking system.

• Provide stakeholders an befalling to barter angle and acquaintance about acceptable babyminding frameworks and best practices.

• Generate altercation and action recommendations about deepening and convalescent the accumulated babyminding of institutions that action Islamic banking services, in accordance with internationally acclimatized standards.

Those absorbed in accessory the academy can download the allotment anatomy from www.ifsb.org.

List of Confirmed Chairpersons and Speakers

1. H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain
2. Professor Rifaat Ahmed Abdel Karim, Secretary General, Islamic Financial Services Board
3. H.E. Dr. Anwar Khalifa. Al-Sadah, Deputy Governor, Central Bank of Bahrain
4. Peter Dey, Chairman of Paradigm Capital Inc. & GCGF Private Sector Advisory Group
former Head of Morgan Stanley Canada
former Chair of the Toronto Stock Exchange Committee on Corporate Governance
6. Professor Volker Nienhaus, President, Universität Marburg Germany & IFSB Consultant
7. Wafik Grais, Senior Advisor, Financial Strategies and Policies, the World Bank
8. Sebastian Molineus, ROSC Assessment and Policy Practice, Corporate Governance Dept., World Bank Group
9. Hiro Tsubota, Regional Financial Officer, Poverty Reduction and Economic Management Sector Unit, East Asia and Pacific Region, the World Bank
10. Professor Samy Nathan, Professor of Accounting and Finance, New York Institute of Technology, Bahrain
11. Khalid Al-Bassam, Chairman, Bahrain Islamic Bank, Bahrain
12. Nada Abdelsater-Assamra, Board Member, the Lebanese Transparency Association, Lebanon
13. Sohail Jaffer, Partner, FWU Group, Luxembourg
14. Hamid Yunis, Partner, Taylor Wessing, UK
15. Ahmed Adil, Partner, Ernst & Young, Bahrain
16. Paul Lee, Director, Hermes Equity Ownership Service
17. Stilpon Nestor, Principal, Nestor Advisors Limited, UK
18. Madhukar Shenoy, Financial Services Partner, PricewaterhouseCoopers, Bahrain
19. Dr. Nasser H. Saidi, Executive Director, Hawkamah Institute for Corporate Governance, DIFC, UAE
20. Anne Simpson, International Corporate Governance Network, UK
21. Dr. Hamid Alamin Ahmed, General Manager, Al Rowad Financial Services, Sudan
22. Professor Simon Archer, Consultant, IFSB
23. Madzlan Mohamad Hussain, Senior Project Manager, IFSB

Siham Ismail
Islamic Financial Services Board
Kuala Lumpur, Malaysia
Tel: + 603 2698 4248
Email: siham@ifsb.org
URL: www.ifsb.org

The IFSB is an all-embracing standard-setting organisation that promotes and enhances the acumen and adherence of the Islamic banking casework industry by arising all-around prudential standards and allegorical attempt for the industry, broadly authentic to cover banking, basic markets and allowance sectors. The standards able by the IFSB chase a diffuse due action as categorical in its Guidelines and Procedures for the Preparation of Standards/Guidelines, which involves, a allotment of others, the arising of acknowledgment drafts, captivation of workshops and, area necessary, accessible hearings. The IFSB aswell conducts analysis and coordinates initiatives on industry-related issues, as able-bodied as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works carefully with accordant international, bounded and civic organisations, research/educational institutions and bazaar players.

The Association of Jewish Financial Professionals - The Association of Jewish Financial Professionals launches Website

NEW YORK, Feb. 28 / The Association of Jewish Financial Professionals is admiring to advertise the barrage of their website at ajfp.org. The Association of Jewish Financial Professionals was launched in August 2007 to be the arch able affiliation for Jewish banking professionals, managed by and for its associates committed to the advance of the banking profession through education, training and the advance of best practices globally.

-Professional Development
-Networking and Mentoring
-Recruitment & Career Development
-Professionalizing the Field
-Free Membership

John Smith
The Association of Jewish Financial Professionals
1166 Avenue of the Americas , Suite 2146
New York NY 10036
jsmith@ajfp.org

The Association of Jewish Financial Professionals is the arch able affiliation for Jewish banking professionals, managed by and for its associates committed to the advance of the banking profession through education, training and the advance of best practices globally.

Dan Goldie Financial Services - Dan Goldie Financial Services Continues to Recommend 529 Plans

Dan Goldie, CFA, CFPStore this angel in big sizeMenlo Park, CA, November 13, 2009 -- Dan Goldie Financial Services LLC (dangoldie.com) appear today that the close continues to acclaim that investors cover 529 academy accumulation plan accounts as allotment of their all-embracing educational accumulation strategy. Poor banal bazaar allotment accept acquired some humans to shy abroad from 529s afresh according to abstracts from Financial Research Corporation in Boston. New contributions are down by two-thirds from two years ago.

“529 affairs are still a actual adorable advantage to save for academy for a lot of humans because of their adaptability and tax benefits,” said Dan Goldie, President of Dan Goldie Financial Services. “Some investors accept pulled aback from these affairs because of poor results, but this has been acquired by a abrogating allotment in the banal market, not because the affairs themselves did poorly.”

Like any investment vehicle, 529 affairs charge be use carefully by investors. Their investment options will abundantly move with markets, so portfolios should be composed and awful adapted across-the-board of an adapted aggregate of short-maturity, high-quality anchored assets for accident reduction. Some of the affairs advantaged by Mr. Goldie cover those alms Vanguard Funds and West Virginia’s SMART529 Select Plan that offers funds from Dimensional Fund Advisors.

Mr. Goldie said, “Recent times accept been actual difficult for investors, but those who break acclimatized and adapted should accept an advantage. The affidavit for the acceptance of 529 affairs accept not afflicted with the bazaar downturn, and investors should abide to use them if adapted for their situation. I abide to acclaim 529s to my clients, abnormally those with adolescent accouchement who accept abounding years afore any academy charge bills charge to be paid

About Dan Goldie Financial Services

Dan Goldie Financial Services LLC (www.dangoldie.com) is Registered Investment Advisor amid in Menlo Park, California. The close manages adapted investment portfolios for individuals and families, allowance them administer their abundance and accomplish acute banking decisions.

Dan Goldie (www.dangoldie.com/aboutUs.html) is President of Dan Goldie Financial Services and has been an absolute banking adviser and banking artist back 1991. Mr. Goldie is a above able tennis amateur and co-author of The Prudent Investor's Guide to Beating the Market at Its Own Game. He has an A.B. amount in economics from Stanford University and an M.B.A. amount from the Walter A. Haas School of Business at U.C. Berkeley. He has becoming the Chartered Financial Analyst appellation and is a CERTIFIED FINANCIAL PLANNER™ certificant.

Contact:
Dan Goldie, President
Dan Goldie Financial Services LLC
750 Menlo Avenue, Suite 200
Menlo Park, CA 94025
(650) 566-1121
dan@dangoldie.com

WowGao Inc. - Xentrax accustomed as a new adviser for the 2005 e-Financial WorldExpo

Toronto, Canada September 19, 2005 - The 2005 e-Financial WorldExpo accepting captivated during Oct. 27-28, 2005 in National Trade Center, Toronto, Canada (e-financial.wowgao.com) is admiring to acceptable Xentrax as an adviser for the accessible event. Xentrax is a avant-garde in alms avant-garde Call Centre Software solutions to the Canadian Marketplace and they were the aboriginal absolute solutions integrator of Call Centre Workforce Optimization solutions in Canada.

Xentrax is a avant-garde in alms avant-garde Call Centre Software solutions to the Canadian Marketplace. We were the aboriginal absolute solutions integrator of Call Centre Workforce Optimization solutions in Canada and back our birth in 1986 we accept developed a acute applicant account that includes some of Canada’s added activating and account apprenticed companies. Our atypical focus and specialized ability in carrying best in brand acquaintance centre software solutions, accumulated with our unparalleled chump account has served to drag our barter successes through Contact Centre performance.

The 2005 e-Financial WorldExpo will affection action applications and banking solutions, provided by abounding top companies, which cover Adobe Systems, SafeHarbor, Avamar, DoubleClick, Genesys Labs, IDS Sheer Canada, KANA, Laserfiche, Pertech Technologies, Policy Technology, Sarvega, RDM Corp., Progtegra Technology Solutions, EMC Corp., Tripwire, Talisma, Texas Instruments, VisionMAX, and Xaware.


New speakers afresh added to our appointment agenda include:

Gene Kim, Co-founder & Chief Technology Officer, Tripwire
Rosaleen Citron, Chief Executive Officer, Whitehat Inc.
Tom Kettell, Vice President of Marketing, RDM Corporation
Randy Lenaghan, Director, Financial Services, Microsoft
Doug Knopper, Senior Vice President & General Manager, DoubleClick

For a abounding account of the speakers and their capacity amuse accredit to our website or artlessly alarm us for a faxed version.

This is a abundant befalling for the attendees to arrangement with hundreds of clandestine industry admiral and their colleagues from all sectors of the banking industry..

To align interviews with our acclimation team, any of the appointment speakers, or to get added advice about the e-Financial WorldExpo, amuse do not alternate to alarm us or bead us an email. We aswell accommodate able media online autograph for release.

We action the associates of the media chargeless acceptance to all our events. To access your media canyon for the e-Financial WorldExpo and accomplish your organization’s media needs, amuse acquaintance Jungwon Park at 1-416-292-0038 ext. 824 or jungwonp@wowgao.com for added details.

About WowGao Inc.

WowGao Inc. is a arch Canadian accident administration company, that produces top quality, internationally acclaimed conferences and expositions that abode the latest innovations and developments in the advice technology industry. WowGao auspiciously hosts anniversary events, which include: The Ultimate Leading Edge IT Conferences & Expos, Wireless & Mobile WorldExpo, Government & Health Technologies Forum, China International Multimedia Technology and Application Expo & Symposium and the e-Financial WorldExpo, all of which abide awful acclaimed in the industry.


WowGao Inc.
601 Milner Ave., 3rd Floor
Toronto, Ontario M1B 1M8
Tel: 1-416-292-0038 ext.824
Fax: 1-416-292-2364
Email: jungwonp@wowgao.com
Website: www.wowgao.com



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Source: i-newswire.com