Jul 29 2012
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Islamic capital markets to witness unprecedented growth
Also home to one of the most prominent Islamic finance institutions, the Islamic Development Bank (IDB), and the largest Islamic bank by assets in the world, Al-Rajhi Bank, Saudi Arabia's Islamic banking assets are currently worth an estimated $94 billion, making up 26 percent of the total Islamic banking market. This has made the Kingdom an important focal point in the development of the Islamic banking and finance industry as a whole.
The IFN Saudi Arabia Issuers & Investors Forum entering its first year in 2012 has already gained much support from prominent industry players from the GCC and across the globe and is set to be the biggest industry event in the Kingdom. The IFN Saudi Arabia Forum has created a new format for Islamic finance events, focusing on the buy and sell side, which we believe is where the industry needs to develop. This two-day event being held at the Four Seasons Hotel Riyadh at Kingdom Centre will feature an Issuers day on Nov. 12 and an Investors day on Nov. 13, and will be structured around a series of exclusive regulatory country presentations, practitioner-led roundtable discussions, non-debatable power presentations, original case studies and sector focused side sessions.
The forum will feature prominent players from all over the globe, market experts and regulators to share their knowledge and expertise with the Saudi market, which is currently experiencing a major shift toward Islamic finance and unprecedented growth in its Islamic capital markets. It will explore the opportunities within the country for Islamic issuers, investors, and corporate and financial institutions.
Attendance, while free, is by invitation only and is open to those who register and have an active interest in this fast growing industry. Delegates are invited to register online at www.REDmoneyevents.com
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