Bahrain Financial Harbour Holding Company (BFHHC) is taking part in the World Islamic Banking Conference (WIBC) 2009 in line with its vision of promoting the growth of Islamic finance.

The two-day WIBC opened yesterday (December 7) at the Gulf Hotel in Bahrain.

"Given the crisis that conventional banking sees itself in today, the world is increasingly looking to Islamic finance and banking to provide new and innovative venues and instruments to guide decision-makers in managing risk, seeking new growth markets and delivering on market expectations," said BFHHC marketing and leasing director Saladino Zarka.

"Today, Islamic finance is among the fastest growing sectors in the global banking industry and this conference provides the ideal platform to continue the dialogue on its true potential, explore new growth paths and promote its market position in the post-crisis landscape.

"Bahrain is a leading centre for Islamic finance and banking in the world today, and we at BFH have always supported the growing role of Islamic financial services in various sectors of Bahrain's economy, most notably real estate and infrastructural investment and development," he added.

"We continue to make a crucial contribution by encouraging international financial sector players to invest in Bahrain and the GCC and set up base at BFH, our state-of-the-art financial centre, where they have solid IT infrastructure, integrated work-life environment to pioneer and create new trends in Islamic finance and banking." he concluded. – TradeArabia News Service