Islamic Finance Prospects, Challenges and Potential Traction in Europe

Date: 10th June 2015 Venue: Chambre de Commerce, Luxembourg

Press Release

10th JUNE 2015

Islamic Finance news Europe Forum 2015


One of IFN’s most anticipated events of the year, the IFN Europe Forum will bring together industry experts from all corners of the globe to discuss the region’s burgeoning Islamic finance market. Prominent players across the continent such as the UK, Luxembourg, Germany as well as up-and-coming Russia and the Commonwealth of Independent States have all ramped up efforts to gain a stronger foothold in this niche sector.

With a keynote address by Pierre Gramegna, the minister of finance of the Grand Duchy of Luxembourg, the forum will first feature a discussion on key growth markets for Islamic finance in Europe. Market leaders and key regulators will share their views on the rise of new markets and asset classes as well as provide a forecast on which mature markets are expected to continue to thrive. This is followed by a presentation on the role of Shariah funds in the global asset management industry and a session on significant trends in the European asset management arena. The first half of the day will also provide a review of the recent changes in legal and regulatory infrastructure impacting Islamic finance in Europe as well as initiatives to develop talent and human capital in Islamic finance services.

The second part of the day will see market makers across Europe providing a snapshot of rising markets in the region, followed by a dedicated session on the popular concept of crowdfunding and its potential role in the Islamic world. In the later part of the event, the forum delivers a discourse on new assets and structures in Shariah compliant capital financing as well as a discussion on socially responsible investing and the social entrepreneurship’s linkage with Islamic and ethical investing.

With a strong turnout from market players from across Europe, the forum is truly representative of the growing Islamic finance markets across the continent. With unwavering support from financial regulators in Luxembourg and a large following of the industry’s key dealmakers, the IFN Europe Forum is once again expected to have a full capacity crowd and a lively discussion of deals and transactions from this flourishing market.


Speakers at this exclusive event also include:

  • Ahmed Elkhodary - Development Strategist, Islamic Development Bank
  • Alain Verbeken - Director, Cross-Border Tax, Deloitte
  • Alex Armstrong - Managing Director, QInvest
  • Ammar Dabour - Managing Director, Euris Group
  • Anass Patel - President, 570 Asset Management
  • Andreas Heinzmann - Partner, Bonn & Schmitt
  • Annemarie Arens - General Manager, LuxFLAG
  • Anouar Hassoune - Head of Research and Strategist (MENA), The Bank of Tokyo-Mitsubishi UFJ
  • Badlisyah Abdul Ghani - Chief Executive Officer, CIMB Islamic, Malaysia
  • Bob Kieffer - LFF and Communications Advisor, Ministry of Finance, Luxembourg
  • Bruce Davis - Managing Director, Abundance Generation
  • Carlo Oly - Head, Issuers and Clients, Luxembourg Stock Exchange
  • Claude Kremer - Partner, Arendt & Medernach
  • David Swan - Executive Vice-President, Gatehouse Bank
  • Dr Amat Taap Manshor - Chief Executive Officer, Finance Accreditation Agency
  • Dr Johannes Engels - Senior Advisor, The Federal Financial Supervisory Authority
  • Dr Manfred Dirrheimer - Chief Executive Officer, FWU Group
  • Dr Mohamed Damak - Director, Standard & Poor’s
  • Eleanor de Rosmorduc - Senior Advisor, Market Intelligence, Luxembourg for Finance
  • Florence Stainier - Partner, Arendt & Medernach
  • Fouad E Rathle - Senior Vice-President and Branch Manager, Garanti Bank Luxembourg
  • Frank Mausen - Partner, Allen and Overy
  • Germain Birgen - Director, Head, Business Development , Banque de Luxembourg
  • Harris Irfan - Managing Director, European Islamic Investment Bank
  • Ines Wouters - Partner, Legisquadra
  • John A Sandwick - General Manager, Safa Investment Services, Switzerland
  • Kamran Sattar - Chief Executive Officer, Portillion Capital
  • Kavilash Chawla - Partner, Baton Global
  • Lauren McAughtry - Managing Editor, Islamic Finance news
  • Lawence Oliver - Deputy CEO, DDCAP Group
  • Lawrie Chandler - Director, Edale Group
  • Linar Yakupov - President, Association of Regional Investment Agencies
  • Magdy Elissa - Vice-President, IdealRatings
  • Marco Lichtfous - Partner, Advisory & Consulting
  • Marcus Peter– Partner, Bonn & Schmitt, Luxembourg
  • Mark Smyth - Chief Investment Officer, Tawreeq Holdings
  • Mehdi Boulfoul - Assistant General Manager, Barwa Bank
  • Michael McDowell - Consultant, Sapphire Capital Partners
  • Michael Orzano - Director, Global Equity Indices , S&P Dow Jones Indices
  • Michael Rainey - Partner, King & Spalding
  • Michel Vermaerke - Chief Executive Officer, Belgian Financial Sector Federation (Febelfin)
  • Mustafa Aramaz - Senior Vice-President, Kuveyt Turk Participation Bank
  • Neil D Miller - Global Head of Islamic Finance, Linklaters
  • Patrick Casters - Head, Wealth Management International, Banque Internationale a Luxembourg
  • Pierre Kreemer - Partner, KPMG Luxembourg
  • Pierre Oberle - Senior Business Development Manager, Association of the Luxembourg Funds Industry (ALFI)
  • Professor Dr Volker Nienhaus - Visiting Professor, University of Reading
  • Rachid Ouaich - Managing Director, eethiq Advisors
  • Robert Scharfe - Chief Executive Officer, Luxembourg Stock Exchange
  • Serene Shtayyeh - Partner, PwC Luxembourg
  • Sohail Jaffer - Deputy CEO , FWU Global Takaful Solutions
  • Stella Cox - Managing Director , DDCap
  • Sylvain Makaya - Head of Strategy , Idinvest Partners
  • Tarek Selim - Chief Operating Officer, Arabesque Asset Management

For more information, please contact Emerson Dinesh:
+603 2162 7800 ext. 43 or email

You can also visit

We look forward to welcoming you to IFN Europe Forum 2015!