“The sustained growth patterns in the many years many years and being resilient as compared to its conventional peers, Islamic finance has established its position as a leading industry without any doubt,” Dr. Jarmo Kotilaine, Chief Economist at the Bahrain Economic Development Board said on Tuesday.
“While the global economy was recovering after being hit hard by the financial crisis, the Islamic finance has emerged as an engine of growth globally,” he said, adding that the Kingdom of Bahrain continues to be major Islamic finance centre in the world, thanks to the largest concentration of the Islamic banks and financial institutions.
The three day event will commence on the 3rd of December 2013 with a series of pragmatically focused pre-conference summits led by experienced and respected international industry standard-setting bodies and experts.
This year’s WIBC features the most impressive line-up of speakers in the conference’s 20 years of history. Key highlights of WIBC 2013 include the interactive dialogue with H.E. Sheikh Saleh Abdullah Kamel, Chairman and Founder of Dallah Al Baraka Group; one of the genuine pioneers of the industry and widely acclaimed as the father of contemporary Islamic finance, who will share his perspectives of Islamic finance past, present and future during an onstage conversation with acclaimed media personality Turki Al Dakhil of Al Arabiya News Channel.
In addition, much attention will also be on the special guest address by Sir Howard Davies, Former Chairman, Financial Services Authority; Former Deputy Governor, Bank of England and Professor, Sciences Po, Paris. The keynote session featuring Sir Howard Davies will provide new insights on the future of banking regulation and its implications for Islamic financial institutions.