Manama to host World Islamic Funds Conference


Manama : The Fourth Annual World Islamic Funds and Capital Markets Conference (WIFCMC 2008) will be held at the Gulf International Convention Centre here on May 26 and 27. With the Islamic investments market standing on the threshold of an exciting boom period, the conference will assess where the next wave of growth opportunities will come from.

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Prominent international industry leaders are expected to attend the event. All signs now indicate that Sharia-compliant investments are generating tremendous excitement in the global marketplace with, in particular, the sukuk (Islamic bond) market witnessing a spate of record-breaking deals and attracting phenomenal attention from international financial centers.

Industry leaders are converging in full force to showcase their solutions at WIFCMC 2008 and also to hear from the experts on where the next wave of deals will come from in this dynamic market. WIFCMC 2008 is set to achieve a new record-breaking attendance, having already secured the support of a record five platinum partners for the first time, according to a press statement. The conference enjoys the support of key Bahrain government agencies such as the Central Bank of Bahrain and Economic Development Board as well as the participation of the five platinum strategic partners, Khaleeji Commercial Bank, Bahrain Islamic Bank, Eskan Bank, International Investment Bank, and BMI Bank. Other leading players that have already confirmed their role as key sponsors include Al-Rajhi Financial Services, Ernst and Young, Arbah Capital, ASAR Legal, Calyx Financial, DWS Investments, International Islamic Rating Agency and OHAD Trusts, Corporate and Financial Services WLL.