Tuesday, September 29, 2020

Ibdar Silver Sponsors for 24th World Islamic Banking Conference

Ibdar Bank (Ibdar), the Bahrain based wholesale Islamic investment bank, will participate as a silver sponsor at the 24th Annual World Islamic Banking Conference (WIBC 2017), which will be held in the Kingdom of Bahrain between the 4th and 6th of December 2017.

Held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, The Prime Minister of the Kingdom of Bahrain, and backed by the Central Bank of Bahrain, the three-day event will see Ibdar join more than 1,300 high-level industry attendees from 50+ countries to address key trends shaping the global financial services industry under the theme “Drivers of Economic Growth & Risks Policymakers & Regulators”.

Ibdar will be represented at the WIBC by members of its senior management team who will be speakers at the event. Chief Executive Officer Mr. Ayman Sejiny will be sharing insights in the session titled  Sustainable, Equitable and Inclusive Growth – Enhancing financial inclusion through Islamic Finance.

Commenting on the Bank’s sponsorship, Mr. Ayman Sejiny, CEO of Ibdar Bank said: “We are pleased to sponsor the WIBC and the unique platform it provides for highlighting and addressing issues impacting the development of the global Islamic financial services industry. Ibdar is committed to the elevation of the Islamic Financial Services Industry in general, and will continue to lend our support to local and global initiatives that drive innovation and knowledge sharing in all segments of the industry”

Ibdar Bank has gained extensive experience in aviation financing, asset management, real estate, and sukooks, and is expanding its reach with investments across the GCC, MENA, the UK and US. Currently, Ibdar has a strong pipeline of opportunities under evaluation in real estate and other areas that build on growth in consumer patterns across its markets of focus and in industries where its experience and knowledge support solid returns.

Sejiny added: This year’s theme focuses on the important role regulators and policy makers play in driving growth. Regulators are an extremely important part of the financial services eco-system. In particular, they facilitate industry innovation. In Bahrain for example, the CBB is creating a FinTech supportive environment with the establishment of one of the first sandboxes in the region. This will allow the financial sector to test new tools and services, and with the CBB and the Economic Development Board’s (EDB) continued support we can establish Bahrain at the centre of Islamic FinTech, and a reference point in the Islamic world.”

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