World Islamic Finance & Investment Conference 2007 to focus on capturing new growth markets for Islamic banking & investment products

Leading Islamic investment firms Adeem Investment and Investment Dar are the Platinum Partners of this prestigious industry event, which is being held under the theme of 'Capitalising on Emerging International & Regional Growth Opportunities'.

HE Sheikh Salem Abdul Aziz Al-Sabah, Governor & Chairman of the Board of Directors of the Central Bank of Kuwait will deliver the Inaugural Address at the Opening Ceremony of WIFIC on the 4th of March.

The establishment of The 1st Annual World Islamic Finance & Investment Conference will bring together senior executives from Islamic financial institutions, consumer banks, investment funds, and corporate & investment banks with key Government agencies in order to explore new market and product growth opportunities, cross-border alliances, and international industry acquisitions. The theme of this major international conference will explore how industry expansion, regionalisation and the emergence of international players and markets can provide a new impetus for growth.

"Adeem is proud to be Platinum Sponsor of this prestigious Conference which provides an excellent opportunity to keep abreast of new developments in Islamic Finance and to network with key decision makers and players in the Islamic & Conventional Banking" said Dinesh Dhume, Senior Vice-President - Corporate Finance, Adeem Investment.

Adeem Investment Company is an established Kuwaiti Closed Shareholding Islamic Investment and Assets Management company incorporated in Kuwait. Adeem identifies, structures, develops, establishes, manages and introduces pioneering new investment concepts, business ideas and services to interested investors and businesses in the GCC.

WIFIC Delegates will engage in a stimulating debate on major issues with an expert international faculty of speakers & panelists through interactive conference sessions that are professionally moderated to ensure new insights are revealed.

The Islamic banking & finance market continues to grow at an exciting pace across the board, with the consumer banking, Shari'ah-compliant investment funds, Islamic leasing products and the corporate & investment banking segments performing exceptionally well. The Real Estate investment market also continues to provide lucrative opportunities for Islamic finance institutions. However, there is increasing pressure on institutions to continue growing and deliver on market expectations. As home markets mature and significant new players continue to enter the space, there is an increasing need for international and regional expansion into new markets that will provide a platform for sustainable growth.

Adnan Al Musallam, Chairman & Managing Director of Investment Dar commented, "Investment Dar is proud to be the platinum strategic partner of The World Islamic Finance & Investment Conference, which is establishing itself as one of the largest and most significant gatherings of Islamic finance experts. We look forward to sharing knowledge that will further inspire us to provide our clients with innovative solutions tailor-made to their needs."

Investment Dar is well recognized as one of the leading providers of a comprehensive range of Islamic products and services in Kuwait and throughout the region. Being highly committed to the growth and prosperity of the Islamic finance industry, Investment Dar owns and operates a group of specialized companies working in a wide spectrum of business sectors such as Banking, Investment, finance, real estate, insurance, logistics, and other essential services.

More than 200 delegates comprising senior decision-makers from the leaders in the international Islamic finance and investment markets are expected to take part in the conference discussions.