Islamic finance facing new challenges

Published February 23rd, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

Senior executives from the global Islamic finance industry are gathering in the United Arab Emirates to debate the important challenges facing the world’s fastest-growing financial sector. 

 

The International Islamic Finance Forum, which opens in Dubai February 23, is organized by the Institute for International Research (IIR) in association with Dow Jones Indexes, the Saudi Economic and Development Company (SEDCO) and iHilal Financial Services 

 

The twice-a-year Forum has been dubbed “the Islamic finance equivalent of the Davos World Economic Forum.” Debates center on the challenges faced by a financial sector worth $230 billion that is predicted to maintain double digit annual growth rates for the next 15 to 20 years. — (menareport.com) 

 

© 2003 Mena Report (www.menareport.com)