09.11.2010 - Lessons from Islamic finance forum
From Btimes.com.my: The first day of the Global Islamic Finance Forum (GIFF) was a Davos atmosphere, culminating in signing of the International Islamic Liquidity Management Corp (IILM) of eleven central banks and two supra-national organisations, and the bestowing of the Royal Award for Islamic Finance to Albaraka’s founder, Sh. Saleh Kamel. An important takeaway from the GIFF event is Malaysia needs to think beyond the increasing cluttered space of Islamic finance hubs. The development of IILM corporation implies leading, without cheerleading, the transaction side of Islamic finance, as Islamic finance 2.0 is more about liquidity and less about listings, be it sukuk or syariah-compliant companies..............................................Full Article: Source
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