Abdulmohsen A. Al-Fares

Saudi- Courses in Islamic finance needed

The main focus of Islamic Finance News Forum was the continuous rise of the Islamic capital markets in the Gulf region as well as worldwide. According to managing director and chief executive officer of Alinma Bank - Abdulmohsen A. Al-Fares - the Sukuk market is part of Islamic Capital Market (ICM) and is growing at a quick pace. He further pointed out that even though the total ICM make up less than 2% of the worldwide bond issues, it still is a promosing area since Sukuk issues in 2011 amounted to about 84.4 billion worldwide with the tendency to grow further.

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