EPICENTRE - Islamic Financial Markets Set to Advance with GCC and Malaysia

	March 2014 / Jamadilawal 1435H
The six-member Gulf Cooperation Council (GCC) and Malaysia are the two leading global Islamic finance hubs. New initiatives being undertaken by the financial regulators of these countries will harmonise rules to increase the popularity of Shariah-compliant financial solutions. These developments will enhance the strong business and financial relationships that are already in place to generate further economic growth.
Other Highlights:
Business Forum: Islamic Finance and African Infrastructure Development Bank Negara Malaysia is organising a Business Forum in conjunction with the 11th IFSB Summit 2014. This Business Forum will take place on the 20th May 2014, from 11.00am to 2.00pm at Le Meridien Lle Maurice, Mauritius. Themed "Islamic Finance and African Infrastructure Development", this event brings together panelists from various region and business sector to discuss the opportunities and challenges of the African infrastructure development, and provide valuable insights on how Islamic finance as an alternative financing can support the funding gaps in the region. To register, e-mail us at roziah@bnm.gov.my or jusnita@bnm.gov.my Seats are limited and subject to organiser's approval. Securities Commission Malaysia (SC) and Oxford Co-host Global Discussion on Developing Waqf Assets Through Islamic Finance Securities Commission Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS) co-hosted the 5th Roundtable on Islamic Finance in Kuala Lumpur to discuss the development of Waqf, an Islamic endowment, and how it can contribute towards broadening the Islamic finance industry globally. READ THE PRESS RELEASE HERE INCEIF Signs MoU with Malaysian Takaful Association INCEIF signs a Memorandum of Understanding with Malaysian Takaful Association (MTA) to establish a collaborative framework towards better industry participation in the training of INCEIF students, particularly for internship placements at the members' organisations. READ THE FULL ARTICLE HERE MyETF MSCI Malaysia Islamic Dividend Listed on Bursa Malaysia Securities Malaysia's second Shariah-compliant Exchange Traded Fund ("ETF"), MyETF MSCI Malaysia Islamic Dividend ("MyETF-MMID" or "Fund"), was successfully listed on Bursa Malaysia Securities. The Fund, which is managed by i-VCAP Management Sdn Bhd ("i-VCAP"), was launched on 27 February 2014 and is the country's first ETF launched this year. READ THE PRESS RELEASE HERE
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