2nd Annual World Islamic Retail Banking 2010
|Event Date/Time: Oct 25, 2010||End Date/Time: Oct 27, 2010|
The theme of the 2nd Annual World Islamic Retail Banking Conference is â€˜Spearheading change in Islamic retail banking landscapeâ€™. The Islamic Retail Banking industry is gradually expanding from regional business into Global. The main competition faced by Islamic retail banks is from conventional banks. Islamic financial institutions hold assets that exceed $822 billion (Dh3 trillion) and the value of Shariah-compliant bonds was $100bn in 2009, Saudi Arabia's central bank governor Muhammad Al Jasser said. Islamic Retail banking is to lead asset growth of the Islamic Finance industry.