*ISLAMIC FINANCIAL SERVICES BOARD*
*Media Contact:* *Mrs. Siham Ismail Tel: 6 03 9195 1430 | Mobile: 6 012 373 5842 | Email: [email protected] <[email protected]>* *FOR IMMEDIATE RELEASE: 13 January 2014* *Announcement of the 11th Summit Theme* *Kuala Lumpur**, 13 January 2014* - *The Islamic Financial Services Board (IFSB) is pleased to announce the theme of its 11th Summit as “New Markets and Frontiers for Islamic Finance: Innovation and the Regulatory Perimeter”. The Summit will be held on 19 to 22 May 2014 inPort Louis, Mauritius. Bank of Mauritius is hosting this IFSB’s annual landmark event.* In emerging markets in Africa and Asia, the approaching deadline for attaining the Millenium Development Goals (MDGs) in 2015, and the challenging prospects for financing economic development post-2015 have spurred the search for additional sources of financing and raisedinterest in Islamic finance amongst both policy makers at national and international level as well as multilateral development banks. Amongst developed economies, there is greater recognition of Islamic finance as offering prospects for raising investment funds by accessing the deepening global pools of *Shari`ah*-compliant savings. More broadly, there is greater awareness of the potential to attain wider applicability of Islamic finance in meeting global challenges such as climate change and social development and equity through such innovative proposals as “Social *Sukuk*” and “Green*Sukuk*”. Underlying these developments is the challenge of striking the appropriate balance between encouraging financial innovation and widening the regulatory perimeter. Against this backdrop, theSummit will provide an overview of global financial and regulatory developments from the perspective of Islamic finance. It will also explore some recent innovations that are driving inclusive growth while examining different policy and regulatory approaches to manage risks. Among the topics that will be discussed during the Summit are: - Global Overview of the Islamic Financial Services Industry (IFSI): Outlook and Policy Developments - Legal and Regulatory Environment of Islamic Finance - *Sukuk*, Market Development and Regulation - The Role of Islamic Finance in Economic Development: Promoting Financial Inclusion, Sustaining Innovation, Expanding the Regulatory Perimeter – Striking a Balance - Panel Discussion on “New and Emerging Islamic Finance Jurisdictions: Opportunities and Challenges Ahead” This 11th IFSB Summit, the first time to be held in Africa, aims to bring together experienced international chairpersons and speakers to discuss pertinent issues in the Islamic financial services industry attracting participants from all sectors of the financial services industry across the globe. Participants of the previous Summits have included key players of the global industry especially members of the IFSB from among regulatory and supervisory authorities, international inter-governmental organisations, market players and distinguished thought leaders. More information about this 11th IFSB Summit will be announced in due course. *----------------------------------------------------------- end -------------------------------------------------------* *NOTE TO EDITOR:* *About the Islamic Financial Services Board (IFSB)* The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and coordinates initiatives on industry-related issues, as well as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works closely with relevant international, regional and national organisations, research/educational institutions and market players. The IFSB comprises 185 members in 45 jurisdictions, representing regulatory and supervisory authorities, international inter-governmental organisations and market players, professional firms and industry associations. For more information about the IFSB, please visit *www.ifsb.org*<http://www.ifsb.org/> *.* -- *_________________________________________* *sender : Maan Barazy* *Economist - Visionary entrepreneur - Certified Shari'a Adviser and Auditor (CSAA- AAOIFI Certified) - **MA Islamic Comparative Jurisprudence - **BS International Economics **Managing Partner And CEO of Data and Investment Consult-Lebanon – The Centre For Islamic Finance - * *check our websites: middleeastrisk.com <http://middleeastrisk.com> - islamicfinancearabia.com <http://islamicfinancearabia.com> - arabbankingwires.com <http://arabbankingwires.com> - lebanondatamonitor.com <http://lebanondatamonitor.com> - ebusinesslebanon.net <http://ebusinesslebanon.net> - shariaafinance.com <http://shariaafinance.com> - capitalissuesonline.com <http://capitalissuesonline.com> - smelebanon.net- socialratings.net <http://socialratings.net> - alwikala.com <http://alwikala.com>* *contactus; email : [email protected] <[email protected]> **[email protected] <[email protected]>;**[email protected]*<[email protected]> · *Twitter : **twitter.com/maanbarazy <http://twitter.com/maanbarazy>* · *Linkedin**: **http://www.linkedin.com/in/maanbarazy*<http://www.linkedin.com/in/maanbarazy> · *Facebook**: facebook.com/maanbarazy <http://facebook.com/maanbarazy>* · *Accademia.edu : **http://independent.academia.edu/maanbarazy <http://independent.academia.edu/maanbarazy>* · *Slideshare: **http://www.slideshare.net/maanbarazy*<http://www.slideshare.net/maanbarazy> -- -- You received this message because you are subscribed to the Google Groups "Kantakji Group" group. 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