The Islamic finance sector is set to become a US$2 trillion industry in the next three to five years from its current US$1 trillion mark in spite of the financial slowdown. The 17th Annual World Islamic Banking Conference (WIBC 2010), which will be held from November 22 to 24 at the Gulf Hotel, will feature high-level discussions and debates on building a new growth paradigm and ensuring continued success for the Islamic banking and finance industry. One of the key roundtable sessions at WIBC 2010 will feature critical discussions on the evolution of the Islamic finance industry and re-configuring business models in the new global financial landscape. "For Islamic finance to move from its current US$1 trillion state to its deserved level of US$2 trillion in the next five years, the industry needs paradigm shifting changes," said Thomson Reuters global head of Islamic finance and a keynote speaker at the conference Rushdi Siddiqui omar1.1 iimm.bnm.gov.my
Source: AJP
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