Islamic Finance Summit to Focus on Structuring Shariah Compliant Investments

    NEW YORK, March 13 /PRNewswire/ -- Michael McMillen and David Loundy, two of the leading experts on Islamic finance in the United States, will present American investors with a persuasive analysis on the growth and development of Islamic Finance in North America at a conference scheduled for April 28-30th in Los Angeles.      Shariah compliant assets exceed $400 billion globally and the Islamic finance industry continues to grow at a rate of 15 percent per annum. With the increase of wealth in the Middle East driven by high oil prices, this rapid growth in the Islamic finance industry shows no sign of slowing down as it is exploring new investment possibilities in international markets.      Key to the development of an Islamic Finance market in the US will be the ability to educate financial institutions and investors on how Islamic products such as the Sukuk (a type of bond) are structured, identify the best practices in managing Shariah compliant funds, and overall, increase investor confidence in what is still a very new market. The 2nd Islamic Finance in North America will address these issues and promote new investment opportunities in the Islamic banking industry.
    Visit our website: http://www.iqpc.com/us/IslamicWest       For more information on how to participate at this event, please contact:       Barbara Boczkowska      Program Director, Finance IQ      +1 212 885 2664      [email protected]     This conference is brought to you by IQPC. For more information, including a complete program and brochure, please visit http://www.iqpc.com/us/IslamicWest or call 1-800-882-8684.

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