The market is also seeing an increasing role in Islamically structured transactions and this is having a knock-on effect of spurring more innovative “next-generation”
Building on the success of last year’s inaugural conference, the 2nd Annual World Islamic Infrastructure Finance Conference (WIIFC), to be held on the 4 and 5 of November at the Four Seasons Hotel, Doha, and will convene more than 250 senior executive delegates representing the international banking, finance, investment and key infrastructure sectors.
HE Yousuf Hussain Kamal, Minister of Finance of the State of Qatar & Chairman of the Qatar Financial Centre Authority will deliver the inaugural Address at the opening ceremony of WIIFC on the 4 November, and this opening plenary session will also feature HE Sheikh Abdulla Bin Saud Al-Thani, Governor of the Qatar Central Bank, who will deliver the keynote address.
HE The Governor will focus on the overall economic growth and the subsequent surge in major project funding in the region. He will also highlight the impact of the increase in the number of Islamic banks to 300, and institutions managing assets worth $300 billion. These banks are naturally interested in funding infrastructure projects, especially after they succeeded in devising financial tools that are Shariah compliant.
The conference which is being held under the theme of ‘Partnering with Conventional Financial Institutions & Developers to Capture the Boom in Infrastructure Development’
QNB Al Islami will be a Strategic Partner of the World Islamic Infrastructure Finance Conference for the 2nd year. Musadag el Melik, General Manager, QNB Al Islami is to deliver the opening presentation for Session 1, on the 4th of November, focusing on the Next Wave of Opportunities and Sources of Finance for Large-Scale Infrastructure Projects. QNB Al Islami will also host the Shari’ah Open Forum which is a panel of Shari’ah experts addressing compliance issues in the context of Islamic infrastructure finance. QNB Al Islami is focused on creating innovative, specialised products that enable its clients to meet their financial needs, through Shari’ah-compliant solutions.
WIIFC 2007 is further cementing its position as the world-leading forum providing new insights into the growth potential of Islamic project finance and the outlook for the next wave of Mega-deals, assembling an unprecedented line-up of outstanding speakers from the Middle East, Europe, North America and Asia.
The conference has attracted the market leaders as sponsors, including players like Borouj Capital, Barclays Capital, Masraf Al Rayan, Ernst & Young, Al Safa Islamic Bank, Doha Islamic Bank, Calyon Corporate & Investment Bank, Fitch Ratings, Doha Bank, International Centre for Education in Islamic Finance (INCEIF), Calyx Financial, KPMG, DLA Piper, and Qatar Airways.
More information on the World Islamic Infrastructure Finance Conference is available on the official conference website www.megaevents.net/
For further inquiries, please contact Sharon Pereira or Adil Jaouhari, Matrix Public Relations, Dubai.
Tel: 0097143430888
Fax: 0097143432226
Email: Sharon@matrixdubai.com&
Adil.j@matrixdubai.com
