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Islamic Finance & the Road to Post COVID-19 Recovery

The Covid-19 pandemic has caused a significant disruption to many facets of life, and its impact on the global economy and financial markets are unprecedented. Islamic finance is no exception. However, given that post-COVID economic recovery requires demand stimulus as well as fiscal spending, Islamic Finance may have a key role to play.

Join the Dubai International Financial Centre (DIFC) and key market leaders for an insightful discussion on COVID-19 challenges to Islamic Finance as well as opportunities Islamic Finance has to help drive a post COVID-19 recovery.
Please note, this session will be an on the record conversation.

Event Details
Date: Sunday, 17 May 2020
Time: 10:00am to 11:00am GST

10:00am - 10:10am: A view of COVID-19 markets from the DIFC - Salmaan Jaffery, Chief Business Development Officer, DIFC Authority
10:10am - 10:50am: Panel Discussion - moderated by Salmaan Jaffery
Nik Joharris, Country Head, Maybank Islamic Berhad (Dubai - DIFC Branch)
Ahsan Ali, Managing Director & Head of Islamic Origination, Standard Chartered Bank
Mohammed Paracha, Head of Islamic Finance - Middle East & Africa, Norton Rose Fulbright
Ahmad Tarmidzi, Managing Director & Head of Shariah and CIB, FAB Islamic, First Abu Dhabi Bank
10:50am - 11:00am: Q & A session
About DIFC
Since our inception in 2004, the DIFC has been committed to becoming a leading global financial hub. Recognised as a world-leading international financial centre, DIFC is the highest ranked financial hub in the MEASA region. With over 2400 companies, over 130 Fintech firms, a community of over 25,600 employees and a market size of over USD 700 billion, DIFC is on track to achieve its 2024 vision.

The Centre is a market-leading environment and driving force for the future of Islamic Finance in the region.  Islamic financial services, saw a marked rise in the volume of Islamic assets being managed in 2019, recording a 45 per cent growth year-on-year. The sector grew at 1.5 times the rate of traditional finance and looking ahead, the Middle East, Africa and South Asia (MEASA) region is likely to be a strong driver for the industry. Notably, Dubai remains one of the world's largest centres for Sukuk listings by value, with DIFC-based Nasdaq Dubai at $60 billion.

This communication contains information which is proprietary to DIFC, is (and is intended to remain) confidential, being provided for the exclusive use of the intended recipient, and may be legally privileged. If you have reason to believe you are not the intended recipient(s), and received the information by error, disclosing, copying, disseminating or otherwise taking any action in connection with this communication or the information in it is prohibited and may be unlawful. We ask you to notify us and delete this communication from your system.

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