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London To Host Major Islamic Finance Conference

by Carla Johnson, Investors Offshore.com

20 January 2005

The fourth annual Islamic Finance Summit is due to take place in London next month, international publishing and events firm Euromoney has announced.

Banking group HSBC has estimated that the Islamic finance industry is growing at an annual rate of 15% as the range of Shari’ah complaint financial products and services continues to expand with the introduction of new structures aimed at retail consumer, financial institutions, corporations and investors.

Islamic institutions are also becoming a feature of the investment landscape in Europe and North America, in addition to the traditional market places of South East Asia and the Middle East.

Last year’s event attracted more than 230 attendees, and over 800 of the industry’s “most senior and influential leaders” have featured in previous summits held in Kuala Lumpur and London, according to Euromoney.

This year’s event, to be staged over two days beginning February 21, will feature eminent panel of keynote speakers and Shari’ah scholars.

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