Arab Today, arab today islamic finance set to reach us5 tln by 2016
Last Updated : GMT 20:45:43
Arab Today, arab today
Arab Today, arab today

Islamic finance set to reach US$5 Tln by 2016

Arab Today, arab today

Arab Today, arab today Islamic finance set to reach US$5 Tln by 2016

Abu Dhabi - BNA

The global Islamic finance and banking sector is pegged at US$1 trillion with an estimated growth rate that is four times higher than conventional financial services, according to organisers of the upcoming International Islamic Finance Conference 2012. In a news announcement the event management team at Emerald Insight suggested that the demand for the Sharia’a-managed industry is largely marketing driven with a noticeably high number of institutions entering the arena introducing new products to market. They noted that the sector is undergoing a dramatic change with its one-time easily identifiable early entrants of the 70’s increasingly joined by new dedicated players, alongside Sharia’a-specific, specially-branded product offerings from the general banking sector. A spokesperson for Emerald Insight, part of Emerald Publishing Group noted that recent estimates predict a year-on-year growth rate of 25 per cent, which would see the global industry valued at $5 trillion in 2016. They said that this indicates a need for an increased understanding of both the sector and the robust strategies needed to support such growth where the increased competition is in danger of blurring of lines between products and services. One of the region’s leading economists, Dr Henry Azzam is slated to open the conference at the Park Hyatt Hotel in Abu Dhabi in October this year. Dr Azzam, a financial services expert with more than thirty years regional experience, is currently adviser to Deutsche Bank AG and Chairman of the Board at NASDAQ Dubai. He will be joined by banking and investment specialists to consider the opportunities and challenges that face the sector, including its regulatory and supervisory set-up. He will kick-start the three-day event which will also make a special review of the impact of the recent political and socio-economic developments within the region and their likely impact on the global Islamic financial sector, including mutual funds, securities and derivatives, as well as regular banking services. Other speakers include Professor Fouad Beseiso, former Central Bank Governor and first Governor of the Palestinian Monetry Authority and Dr M. Kabir Hassan, Associate Professor and Associate Chair of the Faculty of Finance, University of New Orleans. The International Islamic Finance Conference 2012 will be held on October 14-16 2012 at the Park Hyatt Hotel in Abu Dhabi. The event is organised by Emerald Insight founded in the UK in 1967 as an offshoot of the University of Bradford. Emerald Group Publishing is the world’s leading publisher of online and printed journals covering business and management topics. This specialisation ensures Emerald events attract an audience of high profile industry practitioners and academics who are well placed to address the challenges facing the sector.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today islamic finance set to reach us5 tln by 2016 Arab Today, arab today islamic finance set to reach us5 tln by 2016

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday