{Kantakji Group}. Add '11747' Fwd: IIBI's 7th Annual Three-Day Workshop, Friday, 14th - Sunday, 16th June, 2013

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From: Farhan Quadri <farhan.quadri@islamic-banking.com>
Date: Thu, Mar 21, 2013 at 4:53 PM
Subject: IIBI's 7th Annual Three-Day Workshop, Friday, 14th - Sunday, 16th June, 2013
To: "kantakji@gmail.com" <kantakji@gmail.com>

Dear The 7th Annual Three-day Workshop 2013 on STRUCTURING INNOVATIVE ISLAMIC FINANCIAL PRODUCTS is being held in London from Friday, 14 June to Sunday, 16 June 2013. This is part of the important initaives of the Institute of Islamic Banking and Insurance (IIBI) to develop human capital and best practices for the Islamic financial services industry.   The workshop is being hosted by Enrst & Young UK and supported by AAOIFI Bahrain , ISRA Malaysia and CISI UK.   The impact of the growth of Islamic finance is increasingly visible in many countries of the world. With Islamic banks competing for business of conventional banks, and with conventional banks also developing their own Shari'ah compliant financial products, it is essential to have the knowledge and the ability to structure new financial products that conform to the Shari'ah requirements. This includes enhancing our understanding about realising the overall Shari'ah objective of preventing harm and promoting the well-being of society as a whole through real economic transactions.   Islamic banks have to innovate in structuring new Islamic financial products for modern markets using traditional trading contracts. Critics of Islamic finance practices have expressed concerns that financial products developed by Islamic banks are modelled after those offered by conventional banks with an 'Islamic' label. It is thereore important to address such concerns by enhancing and strengthening the knowledge of those involved in structuring and providing Islamic financial products.    The three-day workshop in London will familiarise participants with issues and best practices with regard to structuring Islamic financial products, giving particular attention to improving and updating the understanding of the Shari'ah requirements and the moral and social objectives during the product development cycle.  The use of case studies and group activity should encourage coordination and exchange of ideas among participants. The workshop fee is £1,090.00 only and has been kept reasonable to encourage wide participation. The number of places is restricted to 50, therefore, you are requested to register early. The fee does not include accommodation and those registering to attend may approach IIBI to assist in locating suitable hotel accommodation. You may register and make payment online.  We request you to circulate the information among your colleagues and other persons in your network who would be interested to attend.  Thank you.   View Workshop Programme and Register                              For further information please contact: Mr. Farhan Rafiq Quadri Email: farhan.quadri@islamic-banking.com

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