ISLAMIC BANKING | Staff Reporter, Singapore

Islamic banking conference to be held in Singapore

Leading industry players to meet June 3 to 5.

The 4th World Islamic Banking Conference is expected to attract some 500 key international players in Islamic banking. Conference theme will be Bridging the World of Islamic Finance: Boosting International Linkages and Cross-Border Opportunities.

The conference will be hosted with the official support of the Monetary Authority of Singapore. It will set the stage for high-level discussions to bolster international connectivity and taking advantage of cross-border opportunities that will grow the Islamic finance industry in Asia. The summit will also seek to bolster stronger economic linkages with other key centers for Islamic finance.

The Ernst & Young World Islamic Banking Competitiveness Report estimates that global Islamic assets are expected to reach US$1.8 trillion by 2013. A key factor that will ensure the growth in Islamic finance and boost its ability to successfully compete with the conventional financial system will be improved international connectivity.

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