Islamic banking conference 'a big success'
Manama, December 12, 2012
As curtains came down on the World Islamic Banking Conference in Bahrain yesterday, organiser David McLean claimed the event had been the most successful to date.
"The final afternoon usually sees delegates drifting away, but this year our closing sessions have been packed out," he said while speaking to the Gulf Daily News, our sister publication.
"This comes in the wake of the best-attended pre-conference session we have ever had. The number of international visitors hit record numbers with new ones from both the US and Mauritius and this bodes well for next year when we will be celebrating our 20th anniversary of this event in Bahrain," he added.
Around 1,300 delegates attended the conference which attracted participants from 50 countries.
"Like the rest of finance, the Islamic sector suffered in the wake of the global downturn in 2008. But this event suggests that the worst of that downturn is well behind us and the industry is moving ahead and posting strong growth in traditional markets and strengthening in non-traditional markets," he said.
"The feedback from this week has been tremendous. We are now looking forward to coming back to Bahrain for the World Islamic Banking Conference's 20th birthday. The event will be the leading Islamic banking conference," he added.-TradeArabia News Service
More Finance & Capital Market Stories
- Gulf stocks surge as Fed tapering adds fuel to fire
- SABB launches graduates programme
- NBAD names key official for Hong Kong
- Commercial Bank of Dubai obtains $450m loan
- EFG Hermes names group co-chief
- Islamic bond issuance in GCC picking up
- Kuwait budget surplus likely to hit $42.4bn
- Bahrain banking sector on road to recovery
- GCC banks' outlook stable, says report
- GBSA panel names new chairperson