Business & Money | Monday 31 October, 2016 3:05 am |

With an aim to celebrate the achievements and to recognize the contribution of individuals and institutions in the Islamic retail banking and finance industry, Cambridge IF Analytica is organizing and hosting the Islamic Retail Banking Awards 2016 on November 28, 2016 at Dusit Thani Hotel in Dubai. The award ceremony will take place at the conclusion of the first day of the 8th edition of World Islamic Retail Banking Conference (WIRBC).

The Islamic Retail Banking Awards are based on an indigenously developed proprietary methodology by Cambridge IF Analytica. "Unlike some other rankings that are based on third parties' research, our academic research team conducts its own efficiency analysis to rank over 170 Islamic banks from around the world," said Professor Humayon Dar, Chairman of the Awards Committee and a member of the academic research team.

 

The 8th World Islamic Retail Banking Conference will witness more than 40 global shariah experts, regulators and retail banking technology professionals who will come together and engage in-depth dialogues, discuss market trends and deliberate over the future of Islamic Retail Banking.  The annual event offers unparalleled networking opportunities in the industry with key Banking decision makers, Islamic scholars and solution providers.

 

Musa Shihadeh, CEO & General Manager of Jordan Islamic Bank, said: “The Bank’s efficient participation in this conference as a gold sponsor is an assertion of its interest to be a part of the conferences and forums which contribute to the development and support of Islamic banking business. This conference is considered one of the most prominent worldwide meetings which bring together experts in the Islamic banking industry and give them the opportunity to shed the light on recent developments, to discuss the innovative strategies of Islamic retail banking and find out outcomes that serve Islamic banking and enhance its role in economic and social development; placing the experience of our bank in Jordan as a model to benefit from”.

 

Kashif Mohammed Naeem, EVP and Group Head of Retail, SME & Microfinance at Bank of Khartoum, commented: “Bank of Khartoum is delighted to be part of 8th Edition of WIRBC. I have attended this conference in its previous editions as a participant and also as presenter. WIRBC is a must attend conference in the region and we are happy to be associated as a Silver sponsor of this year's event which is of great significance for Bank of Khartoum as we have recently been given license by Central Bank of UAE to open our branch in UAE. WIRBC is a good platform for knowledge sharing and to see latest trends on how the market is shaping the future of Islamic Retail banking.”

 

The 8th World Islamic Retail Banking Conference is organized by Fleming. Jordan Islamic bank is the Gold Sponsor of the event. Bank of Khartoum, has joined as a Silver sponsor. Infosys Finacle is the knowledge partner, Loxon as an Associate Partner, MIT Global as the Professional Excellence Partner, and IE Business School and Online Business Technologies as Networking Partners. The event is also supported by International Compliance Association (ICA), Bahrain Association of Banks, Institute of Islamic Banking and Insurance and Chartered Institute of Management Accountants (CIMA).