The UAE’s national airlines and Abu Dhabi-owned Eithad Airways has issued a US dollar-denominated Sukuk facility worth US$600 million, touted as the world’s first ‘transition’ Sukuk and also…
Date: 1st June 2021
Venue: Abu Dhabi
About The Forum
Islamic finance is deeply rooted in the Middle East, a region which continues to shape the modern Islamic finance industry globally. Commanding the lion share of global Islamic banking and finance assets and wielding enormous influence in the industry, the Middle East has always been an integral part of IFN.
Covering the region since 2004 and organizing industry-leading conferences in the Middle East since 2008, IFN will return to the region in 2021 with a new brand in tow: IFN Middle East, a culmination of the various localized and global Islamic finance events under the IFN umbrella, with a specific yet wide-ranging regional focus.
IFN Middle East will gather industry thought leaders and mover shakers from across the region to discuss and identify the sector’s most pressing issues as well as emerging opportunities. From latest innovations, to rising trends and hurdles, IFN Middle East will trace the evolution of the Islamic finance sector in the region through the lens of market practitioners and experts.
An Introduction to 2021
At REDmoney, 2020 taught us much about the state of the events business. What works, what doesn’t and how to continue delivering unparalleled programs to our global audience.
It’s a fundamental element of our business going forward, and we will continue to adapt to ensure we remain relevant and our events remain the industry’s best.
The global appetite and requirements for converging has shifted and now more than ever, we are strategically planning our events to adapt to these changes in the face of disruption without compromising on the quality of knowledge transfer and outreach.
Technological advancements have given rise to exciting opportunities in developing new formats that allows unlimited real time interaction remotely.
Moving forward, we will deliver a blend of physical and online events, ensuring the best of both worlds. Physical interaction is important to many, whilst travel and time away from the office isn’t always necessary to reach new markets.
For 2021, through careful research and planning, we have curated bespoke events online and offline with your interest in mind.
In The News
Etihad Airways’s Sukuk: A gradual switch to green
Saudi’s e-commerce boom attracting Islamic fintech start-ups
The Saudi government’s aggressive push to develop its e-commerce sector for its cash-rich citizens in a bid to divorce itself from its hydrocarbon dependence is attracting…
Commodities: Pandemic sending bullish signals toward 2021?
Islamic commodity trading has become more popular over the years as more investors are looking to diversify their investments. Malaysia became the first country to set up an Islamic…
Qatar Islamic Bank’s Sukuk: A strong follow-up
Its first public issuance after the landmark Formosa Sukuk facility was issued in January 2020, Qatar Islamic Bank (QIB) successfully closed a US dollar-denominated Sukuk facility…
Last Visits to Middle East
Kuwait, an important market for Islamic finance with a long-standing commitment to Islamic banking and finance, is poised to have a growing Shariah finance industry with recent market developments. Progress in the past year in Kuwait has paved the way for its growth as a pioneer in the Islamic finance industry. The latest, and potentially groundbreaking, development in the State of Kuwait is the amendment of the Public Debt Law, which if passed, would potentially signal the nation’s first sovereign Sukuk. Kuwaiti investors have also been recognized for their active momentum not only in the GCC, but also in the US and Europe.
IFN returns to Saudi Arabia for the seventh time to host one of the biggest events in its annual calendar. IFN Saudi Arabia Forum 2020 Will be held Online to explore the opportunities in one of the most active and influential markets in the Islamic financial world, bringing the Kingdom onto the global stage and opening up the market for local, domestic and international players interested in entering this most vibrant of industries.
For the fourth year in a row, IFN is excited to be back in Oman. The country has been the hotbed of interest for investors for almost half a decade despite being the new kid on the block. The growth of the Islamic finance and banking industry has been an effective contributor to the country’s economic growth with efforts being exercised frequently across multiple sectors in the past years.
Oman’s Islamic finance industry recorded a growth rate of 14% last year. The country has two stand-alone Islamic banks and six Islamic windows at conventional banks offering Islamic services. Its Islamic finance assets are projected to grow to US$3.2 trillion by 2020, with Islamic banking reaching US$2.6 trillion globally.
About REDmoney Events
REDmoney events designs, organizes and hosts industry-leading conferences, forums, roadshows, seminars and dialogues focusing on the Islamic financial markets across a global, regional and national level. Leveraging an exceptional network of the industry’s elite and supported by the expertise of the REDmoney publishing and seminars divisions, REDmoney Events are able to provide access to a unique array of influential speakers, panellists and participants from a cross-section of the global industry to debate the most significant issues affecting the Shariah compliant financial markets.
REDmoney events are differentiated by their complimentary yet qualified attendance structure, ensuring the highest quality of both delegates and contributors. Comprehensive and cutting-edge, attendance ensures exclusive access to the leaders in their field across all sectors and markets.
The annual IFN Asia Forum has been the biggest event in the industry since its inception in 2006, attracting over 1,000 delegates annually. An annual line-up of Forums are also conducted across emerging markets and key jurisdictions. Included under REDmoney Events are the IFN Awards Ceremonies, which take place annually in Dubai and Kuala Lumpur, and attract more than 800 industry leaders.