UAE:
Islamic Finance news
(IFN) this week held the first two events in its seminal Dubai Islamic
Economic Roundtable series, in partnership with the Government of Dubai
and the Dubai International Financial Center (DIFC).
Held on location at the DIFC, the inaugural event on the 30th
April focused on: 'Dubai as the world's capital of Islamic economy: The
roadmap ahead'. The panel conducted a critical dialogue focusing on key
issues including regulation, competition, standardization and
integration; and exploring Dubai's position both regionally and in the
wider global arena. Participants included Abdulla Mohammad Al Awar, CEO
of the Dubai Islamic Economy Development Center and former CEO of the
DIFC; Prasanna Seshachellam, the director and head of Islamic finance
at the Dubai Financial Services Authority; Bashir Ahmad, a partner at
Afridi & Angell; and Dr Amat Taap Manshor, CEO of the Financial
Accreditation Agency.
This was followed by the highly successful 'Dubai as a hub for global
Sukuk' roundtable on the 1st May, which saw an animated and
in-depth debate from industry leaders including Salah Jaidah, chair of
Islamic finance at Deutsche Bank; Jawad Ali and Rizwan Kanji of King
& Spalding; Hitesh Asarpota of Emirates NBD; Khalid Howladar of
Moody's Investor Services; and Basheer Ahmed of the Dubai Financial
Services Authority. Themes were broad and the discussion was
ground-breaking; bringing together a range of diverse perspectives for
a truly invaluable exploration.
The events were chaired by IFN editor-in-chief Lauren McAughtry, and
represent the first in a series of 10 roundtables to be conducted over
the coming months. Detailed reports summarizing and evaluating their
findings will be released to subscribers by the 22nd June.
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