(Sukuk.net Press) The conference on Emerging Financial Stability and the 2009 London Sukuk Summit, are being held back to back in London between the 1st-3rd of July 2009, at Radission SAS hotel. These key industry forums are set to bring together the Islamic Financial services industries largest and most influential audience.

The Conference on Emerging Financial Stability Framework, to be held on 1st July 2009 is jointly organised by the Islamic Development Bank (IDB), the Islamic Financial Services Board and the Islamic Research and Training Institute, with the United Kingdom Trade and Industry (UKTI) as host. The one-day Conference managed by ICG Events, will bring together over fifteen renowned chairpersons and speakers, including The Honorable Lord Mervyn Davies, Minister for UKTI, His Excellency Dr Ahmad Mohamed Ali Al-Madani, President of the Islamic Development Bank, several central bank governors as well as a line-up of senior industry experts and academics. This is a strictly by invitation only event. To be considered for a place click here to complete a request registration form.

The 2009 London Sukuk Summit, the third annual event in this series, will immediately follow the Conference on Emerging Financial Stability Framework and commence on the 2nd of July 2009 and feature the much acclaimed Islamic Finance Industry Awards in a Gala Dinner ceremony to be held on the evening of the 2nd of July 2009. Submissions for award nominations must be received by 19th June 2009. Click here to submit your nomination. The Summit will conclude on the afternoon of the 2rd of July 2009 with a special UK Trade & Investment Reception hosted by The Treasury Minister The Rt. Hon. Stephen Timms at Lancester House, St James Palace.

The London Sukuk Summit with over 40 international renowned speakers and experts from both the Islamic and conventional finance circles has traditionally attracted over 400 delegates from around world and the 2009 summit will be no exception.

Nazmi Camalxaman, Manager of Global Markets at CIMB commenting on the 2008 summit stated:

"One of the best Islamic finance conferences I have ever been to so far. Most Islamic finance conference attendees consist of bankers and lawyers but it was brilliant to witness past and potential issuers give their insightful views on Sukuk for a change. The exclusive luncheon with the Economic Secretary to the Treasury was an added bonus"

Stella Cox, Managing Director of DDCAP also in support of the London Sukuk Summit further suggests that:

"The ICG Sukuk Summit has become an unmissable annual event for those seeking participation in the evolving Islamic capital market"

With these encouraging comments, the 2009 London Sukuk Summit, along the theme "Innovating for the Future: The Next Generation of Post Credit Crunch Sukuk Structures/Preparing for the Next Wave of ICM Offerings" could not be better timed.

Against the backdrop of the Global economic crisis and despite the delay in the timing of the proposed debut UK sovereign Sukuk in the wholesale sterling market. The Sukuk and Islamic Capital markets are showing encouraging signs of development with a spate of sovereign issuances and strong signs of growth particularly in the Asian markets. In the Uk HM Treasury has actually pushed ahead with the remaining enabling legislation which is published in the Finance Act 2009. This puts the UK government on a ready footing should it decide to go to the market later in 2009 or in early 2010.

These are indeed exciting times for the Islamic finance sector which has better withstood the vagaries of the credit crunch and the global financial market. The challenge is to consolidate these Islamic Capital Markets and Sukuk structures and to come up with even more imaginative structures and products.

The market developments whether they be in Dubai, London, Hong Kong, Singapore, Bahrain, Jeddah, Hong Kong or Kuala Lumpur are underpinned by progress in enabling regulation, legislation, innovation, Shariah governance, diversification and market education.

The 2009 London Sukuk Summit is specifically aimed at harnessing these developments to keep you informed about the Sukuk market developments and innovation; to provide a platform for dialogue with your peers; and to give you a voice in contributing to the future direction of the Islamic debt and capital markets. Can you afford to not to be part of this informative process?

For those wishing to get an in-depth insight into the workings of Sukuk markets, ensure that you also register for the Sukuk Masterclass Workship, scheduled for the 1st of July 2009 and hosted by City law firm Ashurst LLP. Register for both the Summit and Workshop to take advantage of 150 off the registration fees. Places for both Workshop and Summit are now limited. Please visit http://mx.icg-events.com/website/2009londonsukuksummitregistration/ to register now and avoid disappointment.

About ICG Events
ICG-Events is dedicated to organising focused events, investor forums and conferences in creating a better awareness & understanding of the Islamic finance industry. Our aim is to always procure the highest calibre speakers who have the most current knowledge of the issues in their specialised areas of practice and to provide a significant value added return to delegates.
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