Dubai: 30 September, 2009: Noor Islamic Bank PJSC will feature prominently at an international Islamic banking conference scheduled for later this year, which will discuss the opportunities for global expansion available to Islamic banks.

Noor Islamic Bank is a Platinum sponsor of the World Islamic Retail Banking Conference, which will be held in Dubai from 12-14 October 2009. There is also a marked shift occurring on the global business landscape, with Shari'ah compliant banking services increasingly becoming part of the banking mainstream.

Hussain Al Qemzi, Group CEO, Noor Islamic Bank, said: "In the wake of the global economic downturn, Sharia'a compliant financial services are increasingly becoming a part of the financial mainstream. The three-day conference of top industry leaders will seek to consolidate and accelerate the multi-dimensional growth of Sharia'a compliant financial services related products and services across the globe, particularly in the retail sector which is being equally driven by a strong demand by consumers for basic and innovative products and enhanced levels of service and convenience."

Hussain Al Qemzi will deliver a special keynote address to kick start one of the most important panels of the conference, The CEO Panel: 'International Expansion of Regional Islamic Banks', which will include discussions on global trends in Islamic banking, capitalizing on opportunities due to the meltdown, Islamic mortgages and retail asset management.

The conference is being endorsed by the Dubai Chamber of Commerce, ISRA (International Shari'ah Research Academy) and supported by the Islamic Finance Council, UK, the Swiss Islamic Banking & Finance Association, the Bahrain Association of Banks and Arab News of Saudi Arabia. Over two hundred delegates, including CEOs and Heads of Islamic and Conventional Retail Banking from around the world, are expected to attend.

Launched in January 2008, Noor Islamic Bank has earned a solid reputation for performance, premium service and customer care. As one of its core priorities, it has augmented its electronic banking network to cover more than 84 ATMs and 16 locations across the UAE.

In addition, the Bank also provides round-the-clock accessibility and convenience to its clients through a 24x7 branch, self service facilities of Internet banking, phone banking, SMS, as well as electronic cash and cheque deposit services.

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About Noor Islamic Bank
Established in 2007 in Dubai, a full service bank, Noor Islamic Bank delivers the broadest range of products for its customers, with an emphasis on unique and personalized services. Noor Islamic Bank's products and services are governed by a Sharia'a Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Islamic Bank has 16 locations across the UAE in the Emirates of Abu Dhabi, Dubai, Sharjah, and an overseas representative office in Tunis. For further details, please visit: www.noorbank.com or call 800NOOR(6667).  

For media enquiries, please contact:
Mohamed Tahboub
Senior Account Manager, Financial Practice
Jiwin Public Relations
Tel: +9714 3613598
Mob: +97150 157 6868
Email: mohamed.tahboub@jiwin.ae

Burgess Baria
Senior Account Executive, Financial Practice
Jiwin Public Relations
Tel: +9714 3642199
Mobile: +97150 6961987
Email: burgess.baria@jiwin.ae

Ms. Fatma Al-Khaja
Noor Islamic Bank
Corporate Communications
Tel: +971 4 4268082

© Press Release 2009