The Inaugural Asia Summit of the World Islamic Banking Conference

March 28, 2010 - PRLog -- The 1st Annual World Islamic Banking Conference: Asia Summit (Asia WIBC 2010) will be launched in Singapore in 2010.

Over the past 16 years the World Islamic Banking Conference (WIBC), held annually in the Kingdom of Bahrain, has firmly established itself as the largest and most influential gathering of its kind in the world attracting more than 1,200 industry leaders from over 50 countries each year.

David McLean, managing director of MEGA, the owners of the WIBC brand, announcing the launch of Asia WIBC noted that: “With the increasing interest in Islamic finance, especially in new international markets, it was a logical move for WIBC to host an Asia focused event and we are delighted to be working with the Monetary Authority of Singapore and launching the Asia WIBC in one of the premier financial centres in Asia. Asia WIBC 2010 will complement the objectives of the world event, providing a powerful platform for industry leaders seeking to leverage their presence in the dynamically evolving Asian markets for Islamic finance. Building on WIBC’s decade and a half of tracking the developments and shaping the trends in the global Islamic banking and finance industry, Asia WIBC 2010 will feature insightful debates on the substantial issues facing the industry as new international growth markets open up.”  

Speaking at the 16th WIBC in Bahrain today, H.E. Heng Swee Keat, Governor of the Monetary Authority of Singapore said he was pleased that MEGA has decided to bring the Asia WIBC to Singapore. He said “Islamic finance will provide an increasingly important bridge in the growing connectivity between the Middle East and Asia. Singapore is pleased to help catalyse deeper relations between these two high-growth regions. Asia WIBC will provide a unique platform for the industry to share experiences from established centres of Islamic finance”.

Asia WIBC will be held as the Swissotel in Singapore on the 14th & 15th of June 2010 and is expected to attract more than 300 industry leaders looking to capitalise on new growth opportunities for Islamic finance in Asian markets.

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