Bahrain to host Islamic financial market conference

MANAMA: The second International Islamic Financial Market (IIFM) Conference will be held at Bahrain's Diplomat Radisson SAS Hotel, Residence and Spa on June 18 and 19.

The event, entitled Developing the Global Islamic Financial Markets, is being organised by Bahrain-based IIFM and is supported by the Central Bank of Bahrain and Bahrain Financial Services Development.

IIFM, re-launched in the late last year, 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 consists 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.

It will be attended by more than 300 industry experts and 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 the International Centre for Education in Islamic Finance.

"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 IIFM chief executive officer Ijlal Alvi.

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 CBB Governor Rasheed Al Maraj and other senior representatives from the global Islamic financial services industry.

Reference:: 'Developing the Global Islamic Financial Markets' organized by IIFM to be held in Bahrain

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