The 2nd International Islamic Financial Market Conference will be held at the Diplomat Radisson SAS Hotel on the 18th & 19th June 2007. The event, entitled "Developing the Global Islamic Financial Markets" is being organized by Bahrain based International Islamic Financial Market (IIFM).
The event is supported by the Central Bank of Bahrain and Bahrain Financial Services Development.
Re-launched in the 4th Quarter of 2006, IIFM is making clear progress in the advancement of a number of industry-building initiatives, which will ensure the establishment of vibrant, transparent and robust international Islamic financial markets.
The conference will consist of sessions on Islamic Hedging, Islamic REITS, Islamic Unit Trust, Islamic Liquidity Management and Inter-bank Market; Islamic Primary and Secondary market issues development projects.
The conference, which will be attended by over 300 industry experts, has already attracted the support of a number of prominent international institutions. Sponsors for the event include the Islamic Research and Training Institute, European Islamic Investment Bank, Calyon Corporate & Investment Bank, Kuwait Finance House, Bank Islam Malaysia Berhad, CIMB Islamic Bank and INCEIF.
"The support from international institutions and participation from around the world is a clear testimony of the relevance of the conference and the interest of market practitioners in the sound development of Islamic capital and money markets," said Mr. Ijlal Alvi, Chief Executive Officer of the IIFM.
"We, at the IIFM, are gratified by this support and interest, which will encourage us to persevere in our industry building initiatives. We acknowledge the support of participants from around the globe. We are confident that the conference will add value to the participants and the industry.
The IIFM will issue a post-conference report highlighting the main messages coming out from the discussions as well as the actions to be carried forward by the IIFM and other development institutions.
Conference discussions will be led by a number of experts, with keynote speeches delivered by the Governor of the Central Bank of Bahrain H.E. Rasheed Al Maraj and other senior representatives from the global Islamic financial services industry.
Due to popular demand, the specialized high-deliberation session, led by René Karsenti, Executive President of ICMA and Ijlal A. Alvi, CEO of IIFM, is now open to all Day 1 attendees. This session aims to inform the attendees about the Islamic Primary and Secondary markets and infrastructure development with a particular focus on ICMA/IIFM probable projects.
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About International Islamic Financial Market
The International Islamic Financial Market (IIFM) was founded with the collective efforts of the central banks of Bahrain, Indonesia, Malaysia, Pakistan, Sudan, the Brunei Finance Ministry and Saudi Arabian based Islamic Development Bank; as an infrastructure institution with the mandate to take part in the establishment, development, self-regulation and promotion of the Islamic Capital and Money Market.
IIFM's primary focus lies in the advancement and standardization of Islamic financial instrument structures, contracts, product development and infrastructure; and the issuance of guidelines and recommendations for the enhancement of Islamic Capital and Money Market globally. In addition, development of the global primary and secondary capital market, short term financial market and the creation of a market for Islamic financial instruments are key areas for IIFM.
International Islamic Financial Market
Kingdom of Bahrain
Ph: +973 17500161
Fax: +973 17500171
E-mail: iifm@batelco.com.bh
Website: www.iifm.net
Islamic Finance events
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E-mail: enquiries@redmoneygroup.com
Website: www.islamicfinanceevents.com
© Press Release 2007
