Regional Growth vs Global Opportunities – the debate for the future of Islamic banking

With estimated assets of commercial banks to grow at a CAGR of 19.7% over 2013–18 across the QISMUT countries, Islamic banks are expected to reach US$1.6t by 2018 (2012: US$567b). Globally, Islamic banks are already serving c. 38 million customers which will be rising thus resulting in growth of Islamic banking assets to US$3.4t by 2018.
Islamic banking is an increasingly visible alternative to conventional banks. The industry is not only growing in size, but also in sophistication, with products offered ranging from Shariah-compliant credit cards to insurance and investment products.

6th World Islamic Retail Banking Conference, thus presents an apt opportunity to dwell deeper into current issues and trends affecting the Islamic retail banking industry. This conference will witness global Islamic banking leaders to analyze, evaluate and improvise their retail strategy in order to give a better customer experience and hence make profitable business.
Taking place on the 23 - 24th of November 2014 in Dubai – UAE, this edition of WIRBC will feature some key issues that the industry is facing and dwell in the deeper roots to secure a adaptable, updated and booming future for the Islamic banking industry.
The CEO Panel, titled as “Regional Growth vs Global Opportunities”, will gather renowned CEOs from all over the globe and brainstorm on the way ahead for global Islamic banking sector and different strategies owing to effective regional market penetration.

Capitalizing on accelerated growth and increased intra-regional trade between Asia and Africa it is estimated that by 2030, more than 95% of the world’s Muslim population will be located in Asia and Africa. Understanding these predictions, it is very integral for industry peers to understand the scope for optimizing regional growth and global opportunities to select correcting strategies. This exclusive panel will also address the need for greater operational efficiency and innovation to improve financial performance of Islamic retail banks.

This panel will be joined by Musa A.Shihadeh, Vice Chairman & CEO - Jordan Islamic Bank; Wasim Saifi, CEO - Standard Chartered Saadiq Berhad & Global Head: Islamic Consumer Banking - Standard Chartered Bank; Badlisyah Abdul Ghani, Executive Director/CEO, CIMB Head, Group Islamic Banking, CIMB Group Country Head, Middle East and Brunei - CIMB Group; Irfan Siddiqui, President & CEO - Meezan Bank Ltd., Tooran Asif, CEO - Mashreq Al Islami; Javed Afzal, Chief Executive - Aseel Finance Pvt. JSC.

Along with the CEO Panel, this conference will also feature IT Guru and Retail Guru Panels, Fatwa session, spotlight session on gamification, relevant case studies and much more.

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Media Contact:
Mohor Mukherjee
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This release was published on openPR.