Bahrain to host global Islamic banking forum

August 18th, 2008 - 6:40 pm ICT by IANS  

Dubai, Aug 18 (IANS) Bahrain will host the 15th annual World Islamic Banking Conference (WIBC), the largest gathering of Islamic finance leaders in the world, Nov 23-25.The event will help shape new growth strategies in the increasingly global market of Islamic finance, according to the state-run Bahrain News Agency (BNA).

Notwithstanding the gloomy backdrop of the subprime crisis afflicting conventional financial institutions across the world, experts remain optimistic of the Islamic banking and finance industry.

WIBC plays a pivotal role in shaping the future of the Islamic finance industry.

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