Press Release
Islamic Finance news Roadshow in France
Expanding the Realms of Islamic Finance
On Monday the 15th November 2010 the Islamic Finance news Roadshow, now in its 3rd year, will visit Paris, France. The Roadshow series is set to offer participants a comprehensive industry insight through a series of events in key developing Islamic financial markets.
The IFN 2010 Roadshow will visit 17 cities across Asia, Africa, the Middle East, North America and Europe.
The Roadshow is designed as a comprehensive one-day event, consisting of plenary sessions, presentations and keynote addresses.
It is encouraging to see that Islamic finance is picking up in France. Following from the recent measures passed by the French government to facilitate the introduction of Ijarah, Murabahah and Istisnah products in France in July, Al Baraka Banking Group has announced the opening of five branches in the country for next year.
French banks have long been involved in global Islamic finance. For instance, BNP Paribas has advised on a Malaysian Islamic exchange traded fund (ETF), and has itself recently listed its first Islamic ETF in Asia. BNP Paribas and Societe Generale have long established Islamic banking windows operating out of Bahrain and Dubai respectively.
While concerted efforts by the French government began over 3 years ago and developments seem positive, the introduction of Shariah compliant finance to the country need to be further analyzed and explored.
| Key focus areas include: |
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Session One: Islamic Finance in France: Benefiting from the Malaysian model |
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Presentation: Raja Teh Maimunah - Global Head Islamic Markets, Bursa Malaysia |
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Session Two: France and the Islamic financial markets: Bilateral Cooperation between France and Malaysia |
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Session Three: Innovations in Structuring Islamic Products |
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Session Four: Issuing and Investing in the Islamic Financial Markets |
| Confirmed speakers include: |
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Thierry Dissaux - Member of Cabinet of the Minister of Economy |
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Raja Teh Maimunah - Global Head Islamic Markets, Bursa Malaysia |
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Carole d'Armaille '- Director, Paris Europlace |
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H.E. Nasser Al Belooshi - Ambassador of Bahrain in France; Former Executive Director, Bahrain Monetary Agency |
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Marc Theisen - Managing Partner, Theisen Law; Luxembourg |
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Abderrazak Louati - Adviser to CEO, Islamic Corporation of the Development of the Private Sector (IDB); Saudi Arabia |
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Wahib Berranaya - Chief Financial Officer, BEST Re; Tunisia |
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Alberto Brugnoni - President, ASSAIF |
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Prof. Moncef Cheikh - Rouhou- founder and former CEO, BEST (Al Baraka Group) |
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Anouar Hassoune - Vice President & Senior Credit Officer, Moody's |
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Philippe Henry - Head of Islamic Finance Committee, Paris Europlace; Head of Global Banking, HSBC |
The event has been set up to facilitate discussion and debate on how to advance Islamic finance, and how you could participate in the industrys overall wealth and prosperity, given its projected average global growth of 25%-40%.
This free-of-charge to attend event is aimed at senior industry practitioners interested in understanding more about the possibilities the Islamic finance industry has to offer.
For more information, contact Rowan Garland at +603 2162 7800 or email at [email protected]
You can also visit http://www.ifnroadshow.com/france.asp
About REDmoney Group
REDmoney Group is the holding company behind Islamic Finance news, Islamic Finance training and Islamic Finance events — all leading products in their own right. In 2006, Islamic Finance events created and organized the IFN Asia Forum, which has become the world’s largest Islamic finance event.
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Osman Akyüz, who obtained his degree from the faculty of political sciences at Ankara University, began his career as a certified public accountant at the finance ministry in 1978. He worked with the Sezai Türkes - Fevzi Akkaya Group from 1983 till 1985, after which he was appointed the manager of financial and administrative affairs at Albaraka Türk.