Forum to put Europe in Islamic finance spotlight
Published: 27th February 2008
MANAMA: More than 400 international delegates are expected to attend a top Islamic banking conference.

The First Annual World Islamic Banking Conference: European Summit (Euro WIBC) opens on July 8 in London.

Over the past 15 years the World Islamic Banking Conference (WIBC) held annually in Bahrain has firmly established itself as the largest and most important gathering of its kind in the world attracting over 1,000 industry leaders and delegates from over 35 countries.

With the Islamic finance industry continuing to experience extraordinary growth, especially in new international markets, it was a logical move to host a European focused event.

“The London conference will complement the world event held annually in Bahrain,” conference organiser MEGA managing director David McLean said.

“It will provide a powerful platform for industry leaders seeking to leverage their presence in the dynamically evolving European markets for Islamic finance.

“Building on WIBC’s decade and a half of tracking the developments and shaping the trends in the global Islamic finance sector, Euro WIBC 2008 will feature insightful debates on the substantial issues facing the industry.”

Bahrain Financial Services Development (BFSD) has announced its strategic partnership with Euro WIBC.

BFSD provides a single point of contact for international financial institutions looking to build their base in the region.

“Bahrain has established a strong leadership position as a global hub for international Islamic financial institutions and there is much that can be learned from Bahrain’s world-class regulatory environment in terms of further advancing the international development of the industry,” said BFSD managing director Jane Dellar.

With major initiatives already well underway to establish London as a key European centre for Islamic finance, the event will provide a unique opportunity to engage those leaders who are currently shaping the international opportunities for Islamic banking, and gain new insights into the incredible global growth story of Islamic banking

Some of the key topics to be addressed at the conference will include critical issues facing the European Islamic financial markets, assessing the dynamically developing regulatory environments, establishing opportunities for the major international players from the Middle East and Asia who are now focusing on rapidly emerging growth prospects for Islamic finance in Europe and identifying the outlook for new institutions based in the UK and Europe.

In addition, the event will provide a unique platform for the industry to share experience from established centres for Islamic finance such as the Middle East and South East Asia.

© Gulf Daily News


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