WORLD ISLAMIC FUNDS CONFERENCE TO BE HELD IN BAHRAIN
The World Islamic Funds conference will be inaugurated in Bahrain on 29 May 2005. This elite gathering of investment professionals will bring together investors, fund managers and the key players to identify new growth opportunities in the multi-billion dollar Funds industry.
Bahrain’s Shamil Bank and Solidarity have announced their platinum partnership of the World Islamic Funds Conference (WIBC), being held under the patronage of the Governor of the Bahrain Monetary Agency, HE Rasheed M. Al-Maraj.
The conference, supported by the Bahrain Monetary Agency, will run from May 29 to 30 at the Gulf International Convention & Exhibition Centre in the Kingdom of Bahrain.
HE Rasheed M. Al-Maraj, Governor, Bahrain Monetary Agency said” The World Islamic Funds conference will offer asset managers the opportunity to exchange ideas with the investment community from different countries. I look forward to the debate during the opening session on Regulation, Supervision & Innovation in the Global Islamic Funds Industry”.
WIFC Delegates will engage in discussions on major issues in ten interactive conference sessions moderated by Mureed Hammad, Senior Editor and Presenter of CNBC Arabia on most topical segments of the market, including Real Estate Funds, Hedge Funds, Private Equity, Wealth Management, Asset Management and Collective Investment Schemes.
Ziyad Arekat, General Manager, Solidarity – Fund Management, said “Our support for this prestigious event, the first World Islamic Fund Conference, is aimed at highlighting the importance of providing a conclusive forum for industry leaders and financial professionals in the domain of Islamic investments. The objective is to convene and discuss an important segment of Islamic finance; Investment Funds, and to provide the medium through which leading Islamic institutions can co-ordinate their efforts to further advance this rapidly growing sector locally and internationally. Investment funds as a financial instrument cuts across asset class barriers and meets the investment requirements of both institutional and retail client base, it further helps to widen the universe of Islamic products and their target markets”.
Jamal Tartir, Group Head, Private Banking at Shamil Bank said "The event comes as a real benefit to the international investors community who will get the first hand information about the many Shari'ah compliant investment opportunities that are either already available in the region or will be in the offing in the near future. The investors will also be able to meet and discuss investment opportunities with the investment and private banking gurus from all over the world. The event can potentially serve as a common marketplace where the investors will get the product information and investment advisory services enabling them to evaluate returns and finally take their pick."
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