UAE: 5th World Islamic Retail Banking Conference to be held on the 26th of November in Dubai

This year, the 5th World Islamic Retail Banking Conference (WIRBC) with the central theme “Back to Basics” aims to delve into the basic values of Islamic Finance and to take those values forward to newer markets. This 5th WIBRC will host a Gala Dinner, setting the backdrop of the Global Islamic Finance Awards (GIFA), which aims to highlight the best practices in Islamic banking and finance and celebrate the success of institutions and individuals, with a focus on promoting social responsibility, Shariah authenticity and commitment to Islamic banking and finance.

With expected attendance of 200+ global Islamic bankers, the two-day conference brings forth the opportunity to grasp and brainstorm Islamic banking market trends and insights and networking opportunities with key policy makers, Islamic scholars, global Islamic retail bankers and business decision makers.

This conference will witness the Exclusive CEO Roundtable, as eight CEOs from global Islamic retail banking sector, participate as panelists and brainstorm the potential of “Developing Islamic Retail Banking, reaching to the retail target segments: Back to Basics”.

This interactive CEO Panel discussion will be joined by:

  • Adnan Yousif, President and Chief Executive at Al Baraka Banking Group
  • Musa A.Shihadeh, Vice Chairman & CEO at Jordan Islamic Bank
  • Dr. Jamil El Jaroudi. CEO at Bank Nizwa
  • Wasim Saifi, CEO at Standard Chartered Saadiq Berhad & Global Head of Islamic Consumer Banking – Standard Chartered Bank
  • Irfan Siddiqui, President & CEO at Meezan Bank Ltd
  • Sultan Choudhury, Executive Board Director at Islamic Bank of Britain Plc
  • Moinuddin Malim, CEO at Mashreq Al Islami.

“The focused discussion on the Islamic finance and the new ideas that is brought in during each new gathering makes the WIRBC as one of the industrious forums in the region in addition to the ability of creating new networking business opportunity” – Abdulrahman Turki, General Manager: Retail Banking – Bahrain Islamic Bank BSC. This year, Abdulrahman Turki will be presenting on the impact of implementing Quality Assurance process and practices at work and how such an approach will have a positive impact on the retail banking business growth.

This conference will experience other such relevant and exclusive sessions directly from global retail heads, such as Raju Buddhiraju, Chief of Consumer Banking – Dubai Islamic Bank; John Chang, Head of Consumer Banking – Noor Islamic Bank; Bilal Fiaz, Head of Retail Banking & Branches – Sohar Islamic, Bank Sohar; Asad Batla, Head Consumer: Banking Division – Bank Nizwa; Amjad Hijazi, Chief Business Officer – Islamic International Arab Bank and many more.

Annual Open Fatwa Session, is one of the key highlights of the conference. Moderated by Professor Humayon Dar, Chairman – Edbiz Corporation, this session will focus on the current challenges and identify opportunities, which will be explored by the participating renowned global Shariah scholars and experts such as Sheikh Nizam Yaquby, Shaykh Haytham Tamim, Dr. Muhammad Al-Bashir Muhammad and Momin Hyat, Shariah Scholar- Manager Shariah Governance and Compliance at Mashreq Al Islami.

Along with knowledge-sharing speaker presentations and interactive panel discussions, WIRBC will also feature dedicated sessions such as the Islamic Retail Banking: Case Study Brunei, presented by Imran Samee, Head – Consumer Banking Division, Bank Islam Brunei Darussalam (BIBD), Islamic Retail Banking vs Conventional Banking – the Mashreq Al Islami Case Study, Islamic Micro-Finance Workshop, conducted by Muhammad Ashraf Khan, Executive Director of Banking Policy & Regulations, and Development Finance Group -State Bank of Pakistan, GURU Panels involving IT and marketing aspects in retail banking.

The conference would also provide its 9 sponsors the opportunity to showcase their unique services and solutions to aid the growth of Islamic retail banking. This event is sponsored by big names in the industry such as Al Hilal Bank PJSC, ITS Group, Loxon Solutions Ltd. (Gold Sponsors), Veripark Gulf (Premium Silver Sponsor), Mashreq Al Islami (Silver Sponsor), Adastra Business Consulting (Bronze Sponsor), Virtech – Virtual Technologies and Eiger Trading Advisors Ltd. and Gulf Business Machines (Exhibitors).

The Global Islamic Finance Awards (GIFA) at 5th WIRBC shall be graced by His Royal Highness Raja Dr Nazrin Shah, Crown Prince of Perak – Malaysia; His Excellency Shaukat Aziz, Former Prime Minister of Pakistan and His Excellency Sanusi Lamido Sanusi, Governor – Central Bank Of Nigeria. GIFA is conceptualised and organised by Edbiz Consulting.

For complete conference details and information about GIFA Awards, kindly contact

*This press release was published on 18 November 2013 by Read the original article here.


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