:London :Dubai :Kuala Lumpur :New York
  FOLLOW US  
Sign in   |   Register

Events

image Introduction to Risk Management in Islamic Banking – Basel II Compliance.
Event date: - 2012-12-07
   
image 12th Annual Islamic Finance Summit
Event date: - 2013-02-26
   
image The 3rd PPP MENA Conference
Event date: - 2013-03-17
   
image Islamic Finance Forum Europe
Event date: - 2013-05-28
   
  More Events    Add Event

Search

Enter your keyword  

Follow Us






News by Topics

Islamic 'Sukuk' could be an alternative source of financing for constructing Padma Bridge. Sukuk is one type of Islamic Bond, which is asset based or asset-backed, where there is an asset (or pool of assets) underlying every transaction and the ownership of that asset or pool is transferred to investors.

A day-long international conference on Islamic finance, titled 'Islamic Finance news Roadshow' held Tuesday in the city discussed on the issue. The Islamic Finance news Roadshow brought together world's industry experts and the market movers of the country's Islamic finance industry.

"Thus investors enjoy all rights and obligations that accompany ownership. In asset-backed structures sukuk holders have recourse to the underlying assets," Touhidul Alam Khan, one of the panelists said.

The other panelists and delegates have also gave their thought-provoking speeches on this issue suggesting that the Government of Bangladesh can work on it through cross-border "SUKUK" transaction to raise required fund under syndication process.

This one-day event was address key issues pertinent to the country's Islamic financial market, Challenges & Opportunities in Bangladesh's Islamic

Finance Sector, Possibilities and Opportunities for Diversification of Islamic Products, Facilitating Shariah Compliant Investment Flows in Bangladesh and South Asia through innovative products, structures and channels, crucial steps to take Bangladesh's Islamic Finance to the Next Level.

Among them, Ahmed A Khalid - Regional Head (Asia), Coverage & Partnership Department, Islamic Corporation for the Development of the Private Sector, Islamic Development Bank, Aishath Muneeza - Head of Islamic Finance, Capital Market Development Authority, Maldives, Md. Touhidul Alam Khan, ACMA Senior Executive Vice President & Head of Corporate Assets & Client Origination of Bank Asia, Bangladesh, Mufti Ehsan Waquar Ahmad - Shariah Consultant, Pakistan, Mahbub Jamil - Head of Structured Finance, NDB Capital, Mahmud Hossain - Chief Executive Officer & Co-Founder, Millennium Information Solution, Dr. Md Mizanur Rahman - Senior Vice President, Research and Development, Islami Bank Bangladesh, Mohammad Abdul Mannan - Managing Director, Islami Bank Bangladesh, Mohammad Shoaib, CFA - Chief Executive Officer, Al Meezan Investment Management, Pakistan, Mushfique Mahmud - Legal Consultant, Dar Al Sharia, Shah Abdul Hannan - Former Chairman, Islami Bank Bangladesh & Founder Member, Central Shariah Board of Islamic Banks and Wali-ul-Maroof Matin - Chairman & Managing Director, Alliance Capital Asset Management were present.

The growth potential for Bangladesh's Islamic finance industry is enormous, and coupled with a steadily growing economy and financial reforms. With support from the Bangladesh government, financial regulators and the central bank, Bangladesh can be poised to become the next hub for Islamic finance in Asia and on a global scale, the world Islamic scholars opined in the Roadshow.

Ms. Navina Balasingam, Events Program Director of RedMoney Group, Malaysia anticipates that this Islamic Finance News Roadshow- 2013, Bangladesh will help to explore the growth opportunities for Islamic finance, as well as tax and regulatory developments to boost the country's Islamic capital markets. With the proper implementation of regulations, education and understanding of Islamic financial products, and the provision of sufficient infrastructure, Bangladesh is set to become a major player in the field of Islamic finance of the world.

The RED Money, organizer of the workshop is working on expanding the realms of Islamic finance all over the world. It has been organizing key Islamic finance events for eight years with the focus heavily on education and development. Besides, IFN Roadshow has been visiting key developing Islamic financial markets for the last six years to guide and assist all interested parties to development.

Share |

 

starting your own business with B&F Switching to B and f services

News

image How credit risk is associated with key macroeconom ...
2013-11-11
Recently published article by Hamid A.H. Al-Wesabi & Nor Hayati Ahmad from University Utara Malaysia is answering the qu ...
image London can lead world as an Islamic Finance hub ...
2013-10-29
Financial Time published the following article from George Osborne (UK chancellor of the exchequer) regarding this week ...
image The world bank will open its first centre on Islam ...
2013-10-28
The world bank will open its first centre on Islamic Finance at Borsa Istanbul premises, the exchange market said Monda ...
image Busy November for Islamic Finance ...
2013-10-25
Islamic Finance Calendar for November 2013: 1. The 9th World Islamic Economic Forum held in:London Date: MONDAY, NOV 4 ...
image Family Farming: The Key to Alleviating Hunger and ...
2013-08-09
After decades of failed attempts to eradicate hunger, development agencies, internation ...

Share |

Company Recomendation of the week
Hyde Park Executive Meetings   
Hyde Park Executive is situated in the West End of London, the area is home to major corporate headquarters, real estate businesses, hedge funds, wealth managers and embassy offices in the neighbourhood of Mayfair, Oxford Street, Park Lane, and Knightsbridge. Our meeting rooms are based on 12th floor and all benefit from having natural daylight – after all nobody wants to be stuck in a windowless box all day.Our service is all about flexibility and this extends to our booking options. It could be a one-hour catch-up in a meeting zone, half-day, 24-hours or an entirely bespoke package. For an informal meeting, you’re welcome to catch-up with a coffee in reception or over lunch in our stunning Dubai room. www.hydeparkexecutive.com


Current issue

''The principle of Islamic Finance is about transparency, ethics and fairness, as well as promotin ...
Read More ..
main cover islamic

Subscribe

Subscribe Digital

  Current Issue     Trial Version     Digital     Archive  







Click to launch the full edition in a new window
Online Publishing from YUDU

Latest Books

image Islamic Branding and Marketing: Creating a Global Islamic Business
Author/Publisher: - Dr. Paul Temporal
   
image Understanding Islamic Banking: The Value Proposition That Transcends Cultures
Author/Publisher: - Joseph A. DiVanna
   
image Critical Issues on Islamic Banking and Financial Markets: Islamic Economics, Banking and Finance, Investments, Takaful and Financial Planning
Author/Publisher: - Saiful Azhar Rosly
   
image Product Development in Islamic Banks (Edinburgh Guides to Islamic Finance)
Author/Publisher: - Habib Ahmed
   
image Frequently Asked Questions in Islamic Finance (The Wiley Finance Series)
Author/Publisher: - Brian Kettell
   
  Buy Now      More Books  

QUOTE of the week

 Islamic finance is becoming an integral part of the global finance industry and has taken its roots in almost all of the Muslim countries but has also been under discussion and penetration in selective Western and Far Eastern jurisdictions

Moinuddin Malim, CEO, Mashreq Al Islami


GCB    Business Media Group - the Publisher    B&F Services Ltd.