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A panel discussion at the event

Experts shed light on major Islamic investment sectors

MANAMA, March 3, 2015

Infrastructure development, education, food and agriculture are high potential sectors for Islamic investments, an expert has said.

Bahrain’s Economic Development Board (EDB) chief economist Dr Jarmo Kotilaine said the increasing young population of the Organisation of Islamic Co-operation (OIC) markets represents an opportunity for international investors to benefit from growing demand in a range of sectors at different points in value chains.

He was speaking at the first-ever Global Islamic Investment Gateway (GIIG) forum in Gulf Hotel that attracted more than a 1,000 participants yesterday (March 2), said a report in the Gulf Daily News (GDN), our sister publication.

Participants include representatives from the public and private sectors and from a wide range of international markets.

The first day's panel sessions focused on the impact of a number of global trends on opportunities in the $6.7 trillion OIC market and on the long term economic fundamentals within those economies.

According to Islamic Development Bank (IDB) Group president Dr Ahmed Al Madani the potential of emerging Islamic markets and increasing appetite of international investors towards opportunities in OIC markets is clearly evident.

“Conferences such as the GIIG provide an excellent opportunity to connect capital with real investment opportunities,” said Thomson Reuters Islamic Capital Markets global head Dr Sayd Farook.

“The aim for this event is to give investors access to potential opportunities in high growth Islamic markets.”

The second day of the event today will feature the launch the '2015 Islamic Growth Markets Investment Report' which will identify specific investment clusters within OIC markets where there is strong potential for growth.

The event also sees the launch of the Thomson Reuters Investment Monitor, an online portal which will collate international investment opportunities - opportunities that have been refined with the help of Thomson Reuters' internal specialists and which are designed to be within a fortnight of being ready to go to companies' investment committees for approval.

The Global Islamic Investment Gateway is organised by Thomson Reuters, the EDB and IDB.

The event features more than 80 countries including more than 30 OIC countries, split into the key regional sectors including GCC, Mena, CIS, South East Asia, South Asia, West Africa and Sub-Saharan Africa and covers all major investment sectors, driven by the opportunities presented by the investment development agencies and investment originators. - TradeArabia News Service




Tags: Bahrain | investment | Islamic | sector |

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