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International Islamic Financial Markets Conference offers limited complimentary seats for academia

The 1st International Islamic Financial Markets Conference (IIFMC) and Technical Specialized panels, is offering a limited number of complimentary for teachers and students.

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The Conference will be held in Bahrain on 16th & 17th May 2005 under the patronage of H.E. Mr. Rasheed Mohammad Al Maraj, governor of the Bahrain Monetary Agency.

H.E. Mr. Al Maraj will deliver the opening address, and H.E. Sheikh Saleh A. Kamel, the pioneer of Islamic banking & the chairman of the general council will be the keynote speaker.

Held under the theme 'Opportunities in the Islamic Capital & Money Markets', the Conference will provide priceless knowledge for Banking and Finance teachers and students, as it will address topics such as the Global Sukuk Market, Global Sukuk and Regulatory Aspects of Sukuk Issues, Case Studies on Mudarabaha and Musharaka Sukuk, Shari'a Perspective on Sukuk Issues, and Legal and Structural Challenges of an International Islamic Money Market.

The Conference will also engage in the ways and means of establishing an effective Islamic money market, focusing on the experiences of such countries as Malaysia, Sudan, Indonesia, Bahrain and Bangladesh.

A specialized workshop on the 'Technical and Shari'a Challenges of Sukuk Issuance' will enable conference delegates to benefit from the proceedings on this important topic.

The Conference is supported by the Bahrain Monetary Agency (BMA) and the Islamic Research & Training Institute (IRTI) of the Islamic Development Bank.

The Al Baraka Banking Group (ABG), Kuwait Finance House (KFH) Bahrain, Jordan Islamic Bank and ABC Islamic Bank are lead sponsors of the event, and the Bahrain Financial Harbour (BFH) will sponsor the lunch on the first day.

The IIFMC will be attended by about 250 delegates representing all key market players, including sukuk issuers, arrangers, underwriters, market makers, investors, funds/portfolio mangers, regulators, reserve managers, Shari'a scholars, consultants and legal advisors.
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Notes and media contacts

Teachers and students interested in complimentary registration should contact the Conference Organisers T&M Eventscom on +973 17 226 775 as soon as possible.

For more information, contact:

International Islamic Financial Market
Contact: Mr. Ijlal Alvi
CEO
Ph: (973) 17537850/17537860
Fax: (973) 17537810

General Council for Islamic Banks and Financial Institutions (CIBAFI)
Contact: Mr. Ayman Ahmed Mohammad
Executive Director, Specialized Projects & Research
CIBAFI
Ph: 17229981
Fax: 17229971

The International Islamic Financial Market (IIFM), based in Bahrain, is a not-for-profit organization, which was founded in April 2002 as a result of joint efforts by the central banks/monetary agencies of Bahrain, Malaysia, Brunei, Indonesia and Sudan, as well as the Islamic Development Bank. The core mandate of the IIFM is to facilitate development of international Islamic capital and money markets. The IIFM will also focus on issuing guidelines and enhancing the cooperative framework among Islamic financial institutions globally.

The General Council for Islamic Banks and Financial Institutions (CIBAFI), is an international autonomous non-profit corporate body that represents Islamic banks and financial institutions and the global Islamic financial services industry.

Incorporated in Bahrain, CIBAFI was founded in May 2001 by the Islamic Development Bank and many Islamic financial institutions. It aims to promote the Islamic financial industry in theory and practice, and to improve multilateral understanding between Islamic banks, their customers and the public at large. The core mandate of CIBAFI is to serve the long term objectives of the Islamic Financial institutions IFI's by enhancing their image and improving their ability to serve customers around the world while adhering to the three-part commitment of Islamic banking practices: ethical investment, professionalism and transparency.

The Islamic Research & Training Institute (IRTI) is a member of the Jeddah-based Islamic Development Bank Group. The IRTI undertakes research for enabling economic, financial and banking activities in Muslim countries to conform to Shari'a. It also provides training facilities to personnel engaged in economic development activities in the Bank's member countries.

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