More than 400 industry leaders from the international Islamic funds and investments industry are set to gather at the 7th Annual World Islamic Funds and Financial Markets Conference (WIFFMC 2011), which will be held on the 26th and 27th of September 2011 at the Gulf Hotel in the Kingdom of Bahrain.
Held under the theme "Achieving International Scale: Creating Vibrant Islamic Financial Markets and Re-Invigorating the Islamic Investments Industry", the 2 day event will set the stage for critical discussions that will evaluate strategies to re-ignite growth and achieve a critical mass for the global Islamic funds and investments industry.
Speaking ahead of the conference, David McLean, Managing Director of the World Islamic Funds and Financial Markets Conference, noted, "There is significant potential for Islamic investments to play a more active role in mobilizing funds across regions and financial centres. Opportunities exist to use Islamic funds and investments to deepen global connectivity thus contributing to the current efforts aimed at achieving global scale for the industry."
Held under the strategic partnership of the Central Bank of Bahrain, WIFFMC which has over the years become the world's most significant and influential annual platform for the global Islamic investments industry leaders to converge, will this year feature critical discussions and debates that are vital to successfully support the next phase of development for the global Islamic funds and investments market.
WIFFMC 2011 will be officially inaugurated on the 26th of September with an opening keynote address by Abdul Rahman Mohammed Al Baker, Executive Director - Financial Institutions Supervision, Central Bank of Bahrain who will discuss key regulatory initiatives to strengthen the Islamic investments industry.
Confirming his participation at the event, Abdul Rahman Mohammed Al Baker, Executive Director - Financial Institutions Supervision, Central Bank of Bahrain, said, "Despite the strong potential for Shari'ah compliant funds and investment instruments in the global market, a number of economic, legal, and regulatory challenges remain which need to be addressed to further strengthen growth. It is critical to facilitate harmonization of standards and practices globally so that the industry can realize its full potential in the international markets."