Under the patronage of HH the Prime Minister, the World Islamic Banking Conference will be launched next Monday

by **claud39** on Wed Nov 27, 2019 7:41 am

Under the patronage of HH the Prime Minister, the World Islamic Banking Conference will be launched next Monday

27/11/2019

Under the patronage of HH the Prime Minister, the World Islamic Banking Conference will be launched next Monday Rc_157483841332_23

Under the patronage of His Royal Highness Prince Khalifa bin Salman Al Khalifa, Prime Minister, the 26th World Islamic Banking Conference (WIBC) will kick off under the theme “Major Trends in Banking and Finance” from 2 to 4 December. Al-Khaleej Hotel, in strategic partnership with the Central Bank of Bahrain, is attended by more than 1,200 participants from global industry leaders, policymakers and innovators, as well as more than 50 countries and more than 98 partners and 60 keynote speakers.

The theme of this year's conference is in line with its vision to serve as a compass for the Islamic finance industry and the global banking industry.It discusses several topics including building a distinctive vision that highlights the global value proposition of Islamic finance and building a vision that will help avoid the complexities associated with the global financial system.

The fifth edition of the Leaderboard World Islamic Banking Conference (WIBC) Awards will be announced in line with the conference's vision for the development of Islamic banking services and the advancement of the global Islamic banking industry. The awards will be distributed during a gala dinner on December 3rd.

The main sessions of the conference will include: addressing the compatibility of global Islamic finance standards with the responsibility of regulators, an exclusive presentation of the global economic outlook: IMF assessment and projections, digital transformation, new trends in financial technology affecting the future of Islamic finance, financing Projects through instruments, among others.

The conference brings together a number of speakers: Stefano Bertamini, CEO of Al Rajhi Bank in Saudi Arabia, Mr. Mazen Manna, CEO of Abu Dhabi Islamic Bank in the UAE, Dr. Adnan Chelwan, CEO of Dubai Islamic Bank Group in the UAE, and Mr. Mazen Al Nahed, CEO KFH Group in Kuwait, discussing key market challenges and opportunities, addressing them through risk analysis, profitability, capital management, legal lending challenges, Lei mergers and acquisitions in the banking and financial sector, market strength, digital transformation, improve customer services.

HE Mr. Godwin Imvil, Governor of the Central Bank of Nigeria, Dr. Sami Al-Suwailem, Deputy Director, Islamic Research and Training Institute (IRTI), Mr. Jihad Azour, Director, Middle East Department, IMF, Mr. Khalid Hamad Abdulrahman Hamad, Executive Director, Banking Control Mr. Omar Mustafa Ansari, Secretary General of the Accounting and Auditing Organization for Islamic Financial Institutions (Ayofi), Mr. Abdulhakim Al Khayat, Managing Director and Chief Executive Officer of Kuwait Finance House in Bahrain, Dr. Ali Adnan Ibrahim, Senior Vice President, Sustainability and Responsibility Al Baraka Banking Group, Bashar Al Natour, Head of Islamic Finance, Fitch Ratings, Najib Haidar, Senior Strategy Officer, Asian Infrastructure Investment Bank (AIIB), Hassan Jarrar, Bahrain Islamic Bank Chief Executive Officer, Noor Azmi Matt Saeed President SME Corp Malaysia Executive, Khalid

Speakers include Khalid Saad, Chief Executive Officer, Bahrain Financial Technology Gulf, Mustapha Adel, Head of Islamic Finance at Refinitiv, Nasser Al Mahri, Team Leader, Senior Relationship Manager, ABC Bank, and Nitesh Bugnagarwala, Vice President Credit, Moody's. Investor Services, Qamar Saleem, Head of SME Banking and Supply Chain Finance at the International Finance Corporation (IFC) of the World Bank Group, Rishad Soundarji Chief Executive Officer of Societe Generale Middle East, Sheikh Essam Moh Isaac is a member of the Shari'a Supervisory Board of the Islamic Finance House, Dr. Simon Jalbin, Advisor to the Bahrain Economic Development Board, Mr. Suhaib Omar, Advisor for the Development of Islamic Financial Services at the Central Bank of Bahrain, and Mr. Suhail Bin Tarraf, Chief Operating Officer, Emirates Islamic Bank.

This year's edition of the World Islamic Banking Conference (WIBC) includes a number of distinguished partners: Ithmaar Bank, Khaleeji Commercial Bank, ABC Islamic Bank, Bahrain Islamic Bank, First Energy Bank, Al Baraka Banking Group, Perth Mint, Moody's Investors Service, Eger Trading, DDCAP Group, Key Point, Fitch Ratings, Tejoori, SADAD, and GPS.

The Leaderboard Awards, launched in 2015. The first comprehensive assessment tool is an innovative benchmark to help Islamic financial institutions measure and evaluate their performance against their competitors, based on various financial, governance and social responsibility measures. These include: Financial Stability “total capital and Tier 1 capital ratio, loan reserves to gross loans ratio, loan loss reserves to non-performing loans, non-performing loans to total loans”; and financial performance “return on average assets, D on the average property, cost to income ratio, and the growth of assets », governance and social responsibility« a financial disclosure index, and the disclosure of corporate social responsibility ».

http://www.uabonline.org/en/news/arabicnews/15761585159315751610157715871605160815851574161015/70231/1