February 10, 2014 (PPI-OT)
Following is the text of press release issued by Islamabad Stock Exchange Limited
Islamabad Stock Exchange (ISE) is holding a two-days training workshop on "Islamic Debt and Equity Markets" in collaboration with the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC). The purpose of the workshop is to educate the participants on concept of Islamic financial system and Shariah compatible financial instruments. The trainer of the workshop is Mr. Majid Pireh, a financial expert from Iran.
On the first day of the workshop, Mr. Majid Pireh gave detailed presentation on Sukuk, derivatives, equities, index and prerequisites of Islamic financial system. The existing system of Islamic banking and available products was also discussed at length in question/answer session. The workshop is being attended by large number of participants from corporate sector as well as from the SECP.
It may be noted that SESRIC was founded as a subsidiary organ of the Organisation of Islamic Cooperation (OIC) in May 1977 to collate, process and disseminate socio-economic statistics and information on and for the utilization of the member countries, to study and evaluate the economic and social developments in the member countries to help generate proposals that will initiate and enhance co-operation among them, and to organize training programs in selected fields geared to the needs of the member countries as well as to the general objectives of the Organisation of Islamic Cooperation. The workshop is to conclude tomorrow.
For more information, contact:Usman RashidIncharge - Investor RelationsIslamabad Stock Exchange LimitedISE Towers, 55-B, Jinnah Avenue,Islamabad-44000, Pakistan.Cell: +92-0321-5889131Phone: +92-51-111-473-473Fax: +92-51-111-473-329