Seminar on the Prospects and Challenges in the Development of Islamic Finance for Bangladesh
Date posted: 1 August 2013
Kuala Lumpur, 1 August 2013 – The Islamic Financial Services Board (IFSB) is organising its Seminar on Islamic Finance series in Bangladesh with the theme, "Prospects and Challenges in the Development of Islamic Finance for Bangladesh" on 23 and 24 September 2013 in Dhaka, which Bangladesh Bank is kindly hosting.
This Seminar is part of the IFSB Seminar on Islamic Finance series which are held in jurisdictions wishing to explore the prospects, opportunities and best practices of Islamic finance. It aims to create greater awareness on the latest developments on the Islamic financial services industry, and to discuss the issues in further augmenting its role in Bangladesh. The collaboration of the IFSB and Bangladesh Bank will bring prominent speakers from among the international Islamic finance community, market players, regulators as well as thought leaders of the industry to share experiences with the key policy makers, regulators, industry players and other stakeholders in Bangladesh.
The Seminar will examine the regulatory best practices and pre-conditions needed to sustain an orderly development of Islamic finance, while seeking to identify the advantages Islamic finance can bring to Bangladesh. The sessions and discussions will draw upon the perspectives of: (a) progress and growth of the Islamic financial services industry at global and regional levels (b) benefits to real economy with Islamic instruments such as Sukūk, as an alternative source of financing for both public and corporate sectors (c) infrastructure components of Islamic financial services industry and d) the role of Islamic finance to achieve the objective of an inclusive and resilient financial system.
Among the topics that will be discussed in the one and a half day programme are:
- Global Overview, Issues, Challenges and Opportunities
- Islamic Capital Markets and Liquidity Management: Facilitating Sharī`ah-Compliant Financing and Investments
- Legal, Regulatory and Enabling Framework
- Financial Inclusion through Islamic Finance
- Panel Discussion on the Way Forward for the Development of Islamic Finance for Bangladesh
Regulatory and supervisory authorities and market players involved in development and supervision of Islamic financial services and products, as well as those involved in development issues and projects are encouraged to participate in this Seminar.
The IFSB is also organising an IFSB FIS-Workshop in Dhaka on Islamic Banking on 25 and 26 September 2013. The Workshop aims to provide the participants with a better understanding of the IFSB Standards and their implementations.
For more information of the Seminar and to register, please www.ifsb.org or contact Ms. Yazmin Aziz at firstname.lastname@example.org.
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