- 11 Apr 2012
DRIVING FORCES FOR THE DEVELOPMENT OF ISLAMIC FINANCE: SPECIAL FOCUS ON THE MIDDLE EAST
Abstract
Islamic Finance is a relatively new phenomenon in the Middle East with very disparate penetration rates ranging from more than 30% of total banking assets in Saudi Arabia to virtually 0% in Oman. The aim of this talk was to give the fundamentals of Islamic Finance and analyse the driving forces of the industry which so far proved to be very successful. Offer and demand, regulations and religious motivations of entrepreneurs will determine the growth of Islamic Finance in the future with consequences for all countries, Singapore included.
Photo Caption:
Alizz Bank GU Tech Signing, Oman. Shared by Alizz Islamic Bank on Flickr
About the Speakers
Dr Cedomir Nestorovic is a professor of international marketing and geopolitics at ESSEC Business School Paris‐Singapore. He specializes in Islam and Business and authored a book called `Marketing in an Islamic Environment`published in English, French and Italian.
He is the academic co‐director of the MBA at the Arabian Gulf University, Manama, Bahrain and teaches among other themes Marketing of Islamic Banks.
He participates as a keynote speaker to conferences on Islamic Marketing, Halal Food or Islamic Finance and is the moderator of the session devoted to Consumer Market Trends and Insights at the World Halal Forum currently taking place in Kuala Lumpur this year.
Event Details
Tower Block, Level 2 Bukit Timah Campus National University of Singapore 469A Bukit Timah Road Singapore 259770
