Kuala Lumpur, December 3, 2008 – The Islamic Financial Services Board (IFSB) is organising a Seminar on Islamic Finance on 13 – 14 January 2009 in Seoul, Korea. The Seminar, which is the first for the IFSB in Korea, is co-organised with the Financial Services Commission/Financial Supervisory Service of Korea. The Seminar aims to create awareness of Islamic finance in Korea to facilitate sufficient recognition among its financial community, as well as to highlight the industry’s potential opportunities in the country.
The Seminar will address the following topics:
The IFSB has held its series of Seminar on Islamic Finance in various countries over the past three years. The format of the Seminar on Islamic Finance is more general in nature and provides participants with an overview of the Islamic financial services industry (IFSI), which under the scope of the IFSB comprises the banking, capital markets and Takaful sectors.
Professor Rifaat Ahmed Abdel Karim, Secretary-General of the IFSB said, “These Seminars, held in jurisdictions that have interest in promoting awareness of Islamic finance, provide participants with an overview of the current developments in the different segments of the IFSI. They also explore the challenges and opportunities for the host country in developing its Islamic financial services industry. The Seminars promote the sharing of experiences by industry experts and counterparts, be they market players or regulators, within the industry who have experience in addressing the challenges in the development of Islamic financial services/products in jurisdictions of similar nature.”
The January 2009 Seminar on Islamic Finance in Korea is targeted at regulators, supervisory bodies, financial practitioners, key executives and academics. For more information, please visit www.ifsb.org/korea.
