Manama, Kingdom of Bahrain | The Union of Arab Banks (UAB) & the General Council for Islamic Banks and Financial Institutions (CIBAFI) are jointly organizing a Forum titled: "The Developing Markets of Islamic Finance: Policies, Regulations, and Market Practices". This forum will be held in Tunisia during the period 28 - 29 September 2016, under the Auspices of H.E Mr. Chedly Ayari, Governor of the Central Bank of Tunisia.
The new markets of Islamic finance, called "developing markets' serve as the key to globalize Islamic finance as well as strengthen the cross-border linkages. While regulators and supervisors in respective new markets play a critical role in establishing proper Islamic finance regulatory framework, global Islamic financial institutions also have a large contribution in cross-border market penetration, knowledge transfer, and competitive strategies.
This forum aims at discussing the strategic perspectives to unlock potentials of Islamic finance in the developing markets of Islamic finance, and uncover some imminent areas of growth drivers and challenges. The programme will also unveil the inherent business opportunities for Islamic financial institutions, aligned to the emerging trends in the frontier markets.
This two day programme will bring together various stakeholders from the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, and academia to discuss the issue of frontier markets of Islamic finance.
For more information on participation in the upcoming forum, please do not hesitate to contact Secretariat at events@cibafi.org/uab-conferences@uabonline.org or by phone +973 1735 7318/+961-1-377800 -364881/5/7.
-Ends-
About the General Council for Islamic Banks and Financial Institutions (CIBAFI)
CIBAFI is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC). CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With over 120 members from over 30 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.
For more information about CIBAFI, please visit www.CIBAFI.org
About Union of Arab Banks
The Union was established on March 13, 1974, in accordance with the decision of its first General Assembly meeting that was convened in Beirut under the umbrella of the Arab Administrative Development Organization. The meeting reached a conclusion to establish an Arab Federation working within the framework of the unions emanated from the League of Arab States.
The Union enjoys full financial, administrative and organizational autonomy. It is considered the true representative of the Arab banking and financial community, and the major supporter to Arab banks and financial institutions as well as the Arab mutual banking institutions.
Tel: +973 17357300 Email: media@cibafi.org
© Press Release 2016
