Bahrain Islamic finance summit draws top speakers
Manama, April 1, 2010
A major Islamic finance conference scheduled to be held in Bahrain in May is attracting wide spread interest from regulators and market participants from various parts of the world.
The 7th Islamic Financial Services Board (IFSB) Summit will be held on May 4 and 5 at the Ritz-Carlton Hotel in Manama, Bahrain under the patronage of the Central Bank of Bahrain.
This year’s summit theme will be “Global Financial Architecture: Challenges for Islamic Finance”.
The Summit, which will be addressed by Dr Sabir Mohamed Hassan, Governor of the Central Bank of Sudan and Chairman of the IFSB Council, has already attracted the confirmed participation of some of the most influential regulators in global Islamic finance, and the participation of regulators from new markets in the European Union (EU) and Africa.
Several international organisations including BIS, IOSCO, the World Bank, and market players from various industry segments, including financial institutions, advisory firms, international credit rating agencies and law firms have also confirmed their participation.
The main issues of this year’s summit are also reflected in the five session topics which cover:
* The Changing Landscape of Financial Regulation: Implications for Islamic Finance
* Macro-Prudential Surveillance Issues for Islamic Finance
* New Architecture for Liquidity Management for Islamic Financial Instruments
* Balanced growth of Islamic finance - the Sectoral Composition of the Islamic Financial Services Industry as a Contributor to Growth with Stability
* New Islamic Financial Architecture: Challenges Ahead.
So far, 21 chairpersons and speakers have been confirmed, to take part in the summit. They include: Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain; Sheikh Salem Abdul-Aziz Al-Sabah, Governor, Central Bank of Kuwait; Yves Mersch, Governor, Central Bank of Luxembourg; Dr Zeti Akhtar Aziz, Governor, Central Bank of Malaysia; Rundheersing Bheenick, Governor, Bank of Mauritius; Sanusi Lamido Aminu Sanusi, Governor, Central Bank of Nigeria; Dr Jihad K Alwazir, Governor, Palestine Monetary Authority; Heng Swee Keat, Governor, Monetary Authority of Singapore; Dr Sabir Mohamed Hassan, Governor, Central Bank of Sudan, and Chairman of the IFSB; Stefan Ingves, Governor, Central Bank of Sweden; Professor Rifaat Ahmed Abdel Karim, Secretary-General, IFSB; Jane Diplock, chairman of the Executive Committee, International Organisation of Securities Commissions; Read H. Charafeddine, First Vice Governor, Banque du Liban; Dr Lee Jang Yung, Senior Deputy Governor, Financial Supervisory Service, Korea; Nigel Jenkinson, Adviser, Financial Stability Board, Bank for International Settlements; Jaseem Ahmed, Director, Financial Sector, Public Management & Trade Division, Asian Development Bank; Dr. Tunc Tahsin Uyanik, Sector Manager, The World Bank; Cesare Calari, Managing Director, Wolfensohn & Company, USA; Richard Thomas, Chief Executive Officer, Gatehouse Bank Plc., UK; Professor Simon Archer, Visiting Professor, University of Reading, UK; and Dr V. Sundararajan, Director, Centennial Group, USA. - TradeArabia News Service