Annual IFSB Summit

Filed in archive Hedgetalk on February 28, 2008

Central Bank Governors from seven member countries of the Islamic Financial Services Board (IFSB) will participate in the 5th Annual Islamic Financial Services Board Summit which is scheduled to be held on 13-14th May 2008 at the Intercontinental Hotel in Amman, Jordan under the Royal Patronage of Her Majesty Queen Rania Al-Abdullah and on the theme 'Financial Globalisation and Islamic Financial Services'.

Professor Dr Volker Nienhaus, President of the University of Marburg in Germany, will also address the Summit. Dr Nienhaus was one of the first Western academics involved in serious research into Islamic finance way back in the 1980s and early 1990s. He has published several incisive articles and papers on various aspects of Islamic finance including its impact and potential on resource mobilisation and development.

The Kuala Lumpur-based IFSB, established in November 2002, is the world's transnational standard-setting organisation whose mandate is to promote and enhance the soundness and stability of the Islamic financial services industry by issuing prudential and supervisory standards and guiding principles for the global Islamic finance industry, broadly defined to include banking, capital markets and insurance sectors.