Islamic Finance Events - Congress Conference Summit Seminar Workshop Forum

Gassner's picture

#GlobalDonorsForum scheduled

London, United Kingdom | September 10-12, 2018 -

@Note: Looking forward meeting you in person! Partners, sponsors and delegates with question may contact me personally -

Topic: Building Resilient Ecosystems: Philanthropy's Response to Inequality and Societal Tension

Expanding Finance to the Agri/Food, Healthcare, Sustainable Cities & Education Sectors

The organizers of the Responsible Finance & Investment Summit have announced the judging panel for the "Support Disruption for Good" Challenge. The judging panel will select one winner in each category, against transparent criteria of each entrant’s relevance to the Priority Sectors (agri/food, healthcare, sustainable cities and education).

The judges, who serve in their personal capacity, are:
• Dr. Mohammed Kroessin, Head of Islamic Microfinance, IRW
• Rachel Zedeck, Director, Climate Smart Agri & Impact Investment Strategies at Peterson and Control Union
• AlDana Banihashem, General Manager, Al Naser Engineering
• Conrad Young, MBA, Managing Director, Food Forward Ltd
• Dr. Farid Khan, Executive Chairman, Simply Capital Partners
• Dr. Natalie Schoon, Principal Consultant, Formabb Ltd
• Julian Osborne, Head of Operations, Swiss Finance + Technology Association
• Boris Battistini, Partner, Metellus AG


Islamic #fintech adoption is set to increase

According to experts, the adoption of Islamic fintech will soon see a global increase as nations focus on financial inclusion across emerging economies. At the 11th edition of Innovation Arabia, Mohamed Roushdy, founder of Fintech Bazaar, revealed that traditional fintech has been existing for long as a service provider supporting financial services, but not customers. When it comes to fintech adoption today, adoption is highest in Asia in emerging economies. China leads the way with 69% adoption, followed by India at 52%. In terms of financial inclusion, Roushdy said the situation looks rather bleak across many Muslim nations. According to the Global Findex Database, 71% of Muslims have no bank account. Professor Nabil Baydoun, vice-chancellor at Mohammed Smart University (HBMSU), said the importance of the Islamic economy is seen as a vital resource and a contributing factor in the transition to the post-oil economy. The 11th edition of the event is being held under the patronage of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

London Islamic Finance Centre Shines at #Sukuk #Summit

Leading Islamic finance experts gathered at the London Stock Exchange for the Sukuk Summit organized by the Islamic Development Bank (IDB). IDB President Dr Bandar Hajjar highlighted the need for London to be at the heart of the "Islamic finance revolution" and for it to leverage its global marketplace. He highlighted the continued global growth of the Islamic finance market, in particular the growth within the UK. He also cited the financial inclusion and shared prosperity model which is at the heart of Islamic finance transactions. The London Stock Exchange is home to a number of sukuk listings, with 65 sukuk having been listed on the London Stock Exchange valued at $48 billion. John Glenn MP, Economic Secretary to the Treasury said the UK had supported market-driven innovations in the field of Islamic FinTech and the government was determined to ensure continuation.

Emir of Kano to Deliver Opening Keynote Address at the RFI #Summit 2018

The organizers of the Responsible Finance & Investment (RFI) Summit 2018 have announced the opening keynote speaker for the Summit, His Royal Highness Emir Muhammadu Sanusi II, Emir of Kano. His Royal Highness will share his experience in advocating for sustainable economic development and the creation of a more equitable financial system.

Emir Sanusi began his career as a banker until he was appointed Governor of the Central Bank of Nigeria in 2009 and then Emir of Kano in 2014. He won an international reputation as a reformer following the bail-out of nine lenders soon after becoming Governor of the Central Bank.

Blake Goud, CEO of the RFI Foundation, and the RFI Summit organizers feel honored to have HRH Emir Sanusi delivering an opening keynote address.

The RFI Summit will take place on 26 and 27 April 2018 at the Atlantis Hotel by Giardino in Zurich, Switzerland. The summit is an initiative of the RFI Foundation and Swiss Arab Network to build awareness of shared values that can bring socially responsible investing (SRI), environmental, social and governance (ESG) and Islamic finance together to increase their positive impact.

Media Contacts

London can be at the heart of the Islamic finance revolution

This Monday the world’s leading investors and experts will meet in London to discuss Islamic finance, with special focus on the Sukuk. Islamic finance has grown significantly within the UK in recent years. The Islamic Development Bank (IDB)’s funding plan for the first half of 2018 is estimated at $2.5bn, the largest since the Bank’s inception. A benchmark sized Sukuk issue will soon be launched ant the proceeds will be used to support infrastructure, education and health projects across the 57 member countries. According to IDB president Bandar Hajjar, the UK and London in particular will be at the heart of the Islamic finance revolution and Monday’s summit is a great place to start.

Gassner's picture

Public Lecture in London, Wednesday 21st February 2018, SOAS University of London 7.00 PM-8.30 PM

Happy to meet in real life! PUBLIC LECTURE ON ISLAMIC FINANCE: The meaning of Shari’ah compliance goes to the heart of Islamic finance and its value proposition.

SOAS University of London
SOAS Main Building, DLT Lecture Theatre
Wednesday 21 February 2018, 7:00-8:30pm

More details in the attached pdf file.

Best regards,

Michael Gassner

Islamic finance: IFSB #forum to focus on preserving wealth

The 12th IFSB-INCEIF Executive Forum on "Preserving Wealth and Generating Long-term Value through Islamic Finance" will take place on 6 and 7 March 2018 in Kuala Lumpur, Malaysia. The Islamic Financial Services Board (IFSB) and the Global University of Islamic Finance (INCEIF) have announced the speakers of the event. The forum will feature topics such as the role of wealth management from an Islamic perspective, the role of the Takaful sector, Shari’ah-compliant opportunities for retirement planning and wealth management, realising long-term societal development through social contracts and regulator’s role in promoting risk management practices. The forum is ideal for regulators and supervisors of the Islamic financial services industry, scholars and researchers, especially those in the area of Islamic wealth management.

Islamic #microfinance necessary for poverty eradication

The 7th Global Islamic Microfinance Forum successfully concluded in Istanbul between 24–28 November, 2017. The first two days of the conference focused on topics like Islamic microfinance financial technology, financial inclusion, Micro Takaful, Waqf and Zakat as Supportive Elements for Islamic Microfinance. In the next two days, Islamic Agriculture and Rural Finance, the role of Islamic finance in the rural development and micro takaful came under discussion. While addressing the inaugural ceremony, Khaled Al-Aboodi, CEO of the Islamic Corporation for the Development of the Private Sector (ICD), said that Islamic microfinance was a core element of Islamic financial industry. Dr Amjad Saqib, Founder of Akhuwat Pakistan welcomed the guests and participants. He further announced that the next time such an event would be organised would be in London next year in October.

#Workshop on enhancing poor’s capability, financial #inclusion begins

An international workshop on "Enhancing the poor’s capability and financial inclusion from Islamic perspective" took place in Islamabad, Pakistan. On the first day, experts discussed the role of Islamic micro-finance in socio-economic development and economic empowerment of women. President of the International Islamic University Islamabad (IIUI), Dr Ahmed Yousif said Islamic financial institutions would have to play their role as objectives of value orientation. He called upon the Muslim world to stay united and include Islamic teachings in the economic system. Dr Atiq-uz-Zafar, director general of the International Institute of Islamic Economics of the IIUI, said that the session of the workshop would also include detailed research papers of the experts. The workshop will conclude today at Faisal Mosque campus.

Amity Foundation Participates in Faith in Finance Meeting in Zug, Switzerland

Financial investors of more than 30 different faiths attended the Faith in Finance meeting in Zug, Switzerland. Qiu Zhonghui, General-Secretary of the Amity Foundation also joined the the talk on religious investment funds. At the Faith in Finance meeting, Elliott Harris, UN Assistant Secretary-General stressed that investment in the field of sustainable development will play an important role in the 2030 Agenda of the UN. The United Nations estimates that religious institutional funds make up around US$10 trillion of the world's invested funds. Participants set out their own Guidelines on what they will invest in, noting that a good proportion of the money should be invested in environmental and sustainable development. Delegates agreed to set up a platform for cooperation and investment service under the sustainable framework of the Agenda 2030.

Islamic banks brace to re-engineer itself to address customer needs in digital era

The World Islamic Banking Conference (WIBC) is taking place on December 4th, 5th and 6th, in the kingdom of Bahrain. The theme for WIBC 2017 is Drivers of Economic Growth & Risks: Policymakers & Regulators. WIBC is expected to draw participation from over 1,300 global industry leaders, policy makers, innovators and stakeholders, all focused on navigating through the complexities of the global financial system. CEO of Path Solutions, Mohammed Kateeb, said the Islamic finance industry was going through drastic changes as a consequence of evolving customer behavior, channel proliferation and the digitization of operations. He underlined the importance of recognizing common challenges and opportunities facing the industry at large.

ADIB hosts regulatory compliance #forums for banks from #Sudan and #Iraq

Abu Dhabi Islamic Bank (ADIB) held forums on the international regulatory environment for banks from Sudan and Iraq to support their increasing integration into the global economy. The forums followed the lifting of the United States' longstanding sanctions against the government of Sudan on 12 October 2017. Andreas Meletiou, ADIB’s Head of Global Financial Institutions, said the seminars were equally important for transfer of knowledge and experiences, as well as for deepening networks. The two separate forums gathered around 50 bankers from each country to discuss the evolving international regulatory environment for financial institutions. They addressed issues such as Basel III and IFRS 9 requirements as well as anti-money laundering measures. ADIB, which has a large retail and corporate banking operation in its home market of the United Arab Emirates, also operates a wide international network, including Egypt, Iraq, Sudan and the United Kingdom.

#Workshop on #waqf management begins in Dhaka tomorrow

An international workshop on waqf management begins in Dhaka tomorrow. The event is jointly organized by the Islamic Research and Training Institute, Islami Bank Bangladesh and the Centre for Zakat Management. The workshop on the revival of waqf for socio-economic development will review the rules and regulations of waqf management in different countries. President Abdul Hamid is scheduled to inaugurate the event. Islami Bank Chairman Arastoo Khan stated that waqf could play a vital role in developing the country and there were many rich people in the country who want to donate for waqf. A total of 29,341 accountholders of Islami Bank has so far deposited Tk 104 crore under its waqf product called Cash Waqf.

Iranian Banks, #Fintechs Shine in #Iran Transaction #Exhibition

Banks, fintechs, financial solution vendors and startups were present in full force at the Third Iran Transaction Exhibition (ITE). The exhibition was inaugurated by Mohammad Morad Bayat, chief executive of FABA, a government-owned center for promotion of electronic banking. He said that 56 startup companies have taken part in this year’s event and that fintechs are not banks' enemies, as the future will be one of cooperation between the two. The Iranian Parliament also had a representative in the exhibition, who said the government has assigned a whole chapter specifically to electronic banking. Various payment systems, banking solutions, real-estate financial services and insurance facilitators were showcased at the exhibition.

IFSB #Engagement #Session with the #Indonesian Islamic Finance Stakeholders

The Islamic Financial Services Board (IFSB), Bank Indonesia and the Financial Services Authority of Indonesia (OJK) organised an Industry Engagement Session. The event was entitled "The Global Islamic Finance Industry and the IFSB" and took place on 2 October in Jakarta. Anwar Bashori, Head of Islamic Finance at Bank Indonesia, shared his optimism that there is strong potential for further growth of this sector in Indonesia. He also touched on the importance of Halal tourism and food industry, and the various challenges and opportunities related to Fintech. In the panel discussion Prof. Volker Nienhaus commented on the emerging trend which is expected to enhance financial inclusion through the greater use of fintech. Ahmad Buchori shared the current issues of Islamic finance in Indonesia. Dr. Rifki Ismal’s presentation focused on developing the Islamic social sector to enhance the Indonesian economy. The session ended with discussions between the participants, where the industry players reaffirmed the important role of regulators. There was a request for more platforms to address and discuss key issues and concerns of the Islamic finance players.

#Roundtable throws light on greater understanding of Islamic finance

Hamad Bin Khalifa University (HBKU) and the Qatar Financial Centre (QFC) jointly organised the event entitled Shariah Governance in a Globalized World. It featured over 50 experts comprising Shariah scholars, Islamic finance professionals, academics, practitioners and regulators. Issues regarding Islamic jurisprudence were discussed as well as contemporary best practices in the corporate governance of banks. Some participants offered proposals on reforming models of Shariah governance of Islamic banks. Dr Haitham Mohamed Al Salama, chief economic adviser at the QFC, said contributing and collaborating in the field of Islamic finance was a key goal for the QFC. He added that such events were part of QFC's strategy to develop a world-class international business sector in Qatar.

#China-#UAE moot on Islamic banking, finance explores int’l cooperation in support of #OBOR Initiative

The Dubai Center for Islamic Banking and Finance in Hamdan Bin Mohammed Smart University (HBMSU) concluded the 2nd China-UAE Conference on Islamic Banking and Finance. The two-day event focused on the objectives of the One Belt, One Road (OBOR) initiative, which aims to revitalize the Silk Road connecting Asia and Europe. The event was organized in cooperation with China Islamic Finance Club, ZhiShang Intercultural Communication, and Knowledge Partner Thomson Reuters. Talks focused on challenges and prospects for Islamic finance in achieving the goals of the ambitious Chinese initiative. The agenda comprised a series of panel discussions moderated by key international figures such as Prof. Baydoun; Mr. Gao Lin, Vice Director, Shenzhen Municipal Commission of Economy, Trade and Information Technology, and Dr. Adnan Chilwan, CEO of Dubai Islamic Bank.

IDB promotes connectivity for sustainable development

The Islamic Development Bank (IDB) Group organized an event on "Promoting Connectivity for Sustainable Development". The event was chaired by Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC) and the keynote speech was delivered by Aja Fatoumatta Jallow Tambajang, vice president of Gambia. The event provided an in-depth analysis of the IDB Group strategic objectives in financing infrastructure investments. The event was also an opportunity to bring together experts and exchange ideas on growth and connectivity among member countries. Sonbol stated that the IDB Group adopted a 10-year Strategy and one of its objectives is "Connectivity for Growth". The objective is to promote cooperation among member countries, both in terms of private sector and public-sector cooperation to enhance trade, investment, knowledge, and capacity development.

VEB to build bridge to Islamic world through Abu Dhabi, Iran and Bahrein

The 9th international economic summit is taking place in Tatarstan, Russia. The plenary session was dedicated to the discussion of partnership financing to develop relations between Russia and Organisations of Islamic Cooperation (OIC). Islamic Finance World Leader Ashruff Jamal was the moderator of the plenary session. Tatarstan's President Rustam Minnikhanov said Tatarstan was making its first steps in Islamic banking. One year ago Deputy Chairman of the Federation Council Evgeny Bushmin claimed the Bank of Russia and legislation were not ready to spread Islamic banking. In answer to that, Sberbank Deputy Chairman Oleg Ganeyev replied many questions are arising while implementing Islamic banking, but it is possible to work even within the acting Russian legislation. Vnesheconombank (VEB) Chairman Sergey Gorkov announced the appearance of VEB bank offices in Abu Dhabi, Iran and Bahrein.

Syndicate content