IMO News Service
Kuala Lumpur: Islamic finance is going global apparently fuelled by booming industries in the Middle East and South-East Asia. Forecasts estimate it will double over the next five years to more than US$3.4 trillion, with Malaysia expected to lead the way.
The outstanding growth of the Islamic Finance industry in Malaysia has attracted leading industry players and market participants to its shores. Drawing upon the increasingly complex needs of the industry, the Malaysian Current Law Journal and the Bar Council Malaysia will host the “International Islamic Banking and Finance Law (IIBFL) Conference 2015”.
The conference, which will take place on 4th-5th February 2015 in Royale Chulan Hotel, Kuala Lumpur, Malaysia, aims to create greater awareness of the potential and opportunities brought about by the industry, with focus on regulatory requirements and its implications, and current industry challenges in shaping a wholesome Islamic finance ecosystem and sustaining the dynamics of the environment in the region.
This conference will showcase first-hand experience from market regulators, Shariah scholars, and leading industry practitioners, and hopes to bring together participants from diverse backgrounds, specialising in legal, advisory, banking, fund management and other related industry services. The discourse will serve as a key platform to aid stakeholders in appreciating industry demands, and bring to the fore ideas for the future direction of the industry. We will be anticipating an attendance of around 300 delegates throughout Asia for this Conference.
Supported by the Finance Accreditation Agency (FAA), this conference will deliberate on:
- Current and legal issues in Islamic finance
- Legal and regulatory risks in developing an enabling Islamic finance environment
- Potential legal and regulatory impediments in Islamic banking
- Corporate governance requirements in the Islamic finance landscape
- Risk management in Islamic finance