The next phase of growth for the Islamic investments industry is contingent on the industry's ability to build scale and broaden geographic horizons, according to a leading industry expert.
Al Jabri said this during his keynote address at the opening of the 10th anniversary special edition of
The two-day event, held under the official support of
"As new markets continue to develop infrastructure supportive of Islamic funds, new investment opportunities for the Islamic investor in jurisdictions like Luxembourg will provide the ideal environment to build a platform to cater to these needs," stated
"Increasing access to international investor pools by offering a diverse range of products will enable the industry to generate economies of scale and further provide investors with viable and cost-effective alternatives to conventional funds," he noted.
More than 420 leaders, regulators and thought leaders in the global Islamic funds and investment industry are engaged in critical discussions focused on "Broadening the Base of Investors and Issuers: Building Scale and Broadening Horizons of Islamic Investments."
A major highlight of WIFFMC 2014 was the "CEO and Industry Leaders' Power Debate", which focused on attracting more international investors to Islamic financial markets.
CIMB Middle East director and chief executive Suryono Darnor,
Day two of conference today opens with a keynote address by International Islamic Financial Market chief executive
Discussions on assessing new initiatives to improve international standardisation across Islamic capital markets and legal and risk management priorities to better globally connect Islamic capital markets, are key items on the agenda.-
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