Commenting on his participation, Al Shaikh said:
"The demand for shari'a compliant wealth management has witnessed exponential growth in the past few years, and this was reflected when we first launched the National Bonds scheme. National Bonds offered highly liquid bonds that are shari'a compliant, with low denominations and no limitation for purchase, not to mention an annual profit and a lucrative prize structure which investors and the general public could not resist to invest in. It was therefore imperative for us to share our experience in this field with our European parties to enlighten the western world of the advantages of Islamic wealth management and banking."
On the first day of the forum, Al Shaikh addressed the challenges and opportunities for Sukuk (Islamic bonds) stressing on the importance of innovation for the Islamic Finance industry to offer products that address the Muslim communities' needs, among an elite group of Islamic Finance experts from the region. Al Shaikh's presentation captured the interest of the forum attendees, and raised many interesting queries during the Q and A session that followed his presentation.
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Posted by Anne-Birte Stensgaard, Senior News Editor
