IslamicFinance.de

The BNP Paribas-INCEIF Centre for Islamic Wealth Management was recently opened. It was established by BNP Paribas Malaysia Berhad and the International Center for Education in Islamic Finance (INCEIF) and is situated on INCEIF's Campus in Kuala Lumpur. The opening took place at the same time as the biannual Global Islamic Finance Forum, thus attracting a vast audience consisting of participants from Malaysia as well as international ones.

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Syed Alwi bin Mohamed Sultan, the Kuala Lumpur-based head of Islamic banking for Asia Pacific at BNP Paribas Malaysia Bhd., talked about the trends in Islamic finance at the World Islamic Banking Conference in Singapore.
He noted that there is more diversification of the investor base. Potential issuance this year are from countries like South Africa, Kenya, and Senegal.