Islamic Finance: Opportunities for Tomorrow
Kuala Lumpur, Malaysia (Vocus) May 4, 2010
Bank Negara Malaysia is pleased to host the second Global Islamic Finance Forum (GIFF). Themed "Islamic Finance: Opportunities for Tomorrow", GIFF 2010 will be held in Kuala Lumpur from 25th to 28th October 2010. GIFF 2010 is a key international event in the calendar of Islamic finance following the success of the inaugural GIFF in March 2007.
GIFF 2010 is a high-level multi-track event that brings together regulators, scholars and financial industry players who are key drivers in shaping Islamic finance globally. This event is organised in collaboration with the Association of Islamic Banking Institutions Malaysia (AIBIM), Malaysian Takaful Association (MTA), the International Shari'ah Research Academy for Islamic Finance (ISRA) and the REDmoney Group.
GIFF 2010 is organised in support of the Malaysia International Islamic Financial Centre (MIFC) initiative to develop Malaysia as a hub for international Islamic finance. GIFF 2010 is a platform for regulators, Shariah Scholars, renowned industry leaders and financial market participants from across the globe to discuss and exchange views and insights on the growth potential and opportunities in the internationalisation of Islamic finance as the prospects for global economic recovery improves. Islamic finance is an increasingly important component in the international financial system given the potential for Islamic finance to contribute toward global economic growth and financial stability.
The multi-track events of GIFF 2010 includes a Global Business Leaders Dialogue, Public Lecture, Regulators Forum, Media Engagement Programme, the IFN Issuers and Investors Asia Forum 2010 by REDmoney, International Shari'ah Scholars Forum by ISRA, Global Islamic Liquidity Management Workshop by AIBIM and The Takaful Rendezvous by MTA. A series of side events and high-level meetings will also be held throughout GIFF 2010 including the Global Takaful Group meeting, workshop for Shariah scholars and engagement sessions with Islamic Banking and Finance Institute Malaysia (IBFIM) and the International Centre for Education in Islamic Finance (INCEIF).
Attendance at GIFF 2010 is by invitation only. In view of the growing global interest in Islamic finance, it is expected to draw interest from international and local participants. Senior officials from regulatory agencies, statutory bodies, government agencies, Islamic and conventional financial institutions, financial markets players and professional services in Malaysia and abroad may register their interest to participate in the event on the GIFF 2010 website. Registrants accepted for the programme will be notified by email by the organisers. For further information on GIFF 2010 or to register, please visit http://www.GIFF2010.com.
About Malaysia Islamic Financial Centre ( MIFC) Initiative
The Malaysia International Islamic Financial Centre (MIFC) initiative was launched in August 2006 to promote Malaysia as a hub for international Islamic finance.
The MIFC initiative comprises a community network of the country's financial and market regulators, including Bank Negara Malaysia (Central Bank of Malaysia), Securities Commission Malaysia, Labuan Financial Services Authority and Bursa Malaysia (Kuala Lumpur Stock Exchange); Government ministries and agencies together with industry participation from the banking, takaful and capital market institutions, human capital development institutions and professional services companies which are participating and working collaboratively in the field of Islamic finance.
The MIFC initiative is supported by global legal, regulatory and Shariah best practices that enables industry practitioners to conduct international business in Islamic finance activities anywhere in Malaysia in the areas of sukuk origination, Islamic fund and wealth management, international Islamic banking, international takaful and human capital development, while enjoying attractive incentives.
'Shaping Islamic Finance Together' is Malaysia's brand proposition to invite global talents, leading players, issuers and investors to shape the future of Islamic finance together through the MIFC initiative, leveraging on and benefiting from Malaysia's more than 30 years of experience in Islamic finance.
For more information on MIFC, log on to "mifc.com".