IFN Roadshow a boost for Islamic finance in Sri Lanka

Wednesday, 5 September 2012 00:46 - - {{hitsCtrl.values.hits}}

The Islamic Finance News (IFN) Roadshow, which is scheduled to take place this Thursday, will create an ideal forum to deliberate on the tremendous opportunities available for Islamic finance in the country, said Faizal Salieh, Amana Bank’s Managing Director/CEO.

Amana Bank is the Lead Strategic Partner for the event, which will bring together the country’s Islamic finance industry and its key regulatory stakeholders to one platform to discuss the issues, challenges and potential of the industry.

Salieh, sharing his sentiments on Amana Bank’s partnering with the Malaysia based RedMoney Group to bring the IFN Roadshow to Sri Lanka, said: “Having pioneered Islamic banking and finance in the country, we are very happy to join hands with the globally acclaimed IFN Roadshow to show our steadfast commitment to grow the industry in our country. The presence of the IFN Roadshow in Sri Lanka is a boost for our nascent Islamic finance industry.”

He further commented: “This forum will give us the opportunity to discuss the challenges of taking the industry forward and the participants can take back a lot of learning from the panellists including those coming from well-established Islamic banking overseas markets. We are honoured to have the presence of the Governor of the Central Bank of Sri Lanka, Ajith Nivard Cabraal to deliver the key note address. I would also like to thank the RedMoney Group and its Managing Director Andrew Morgan for having selected Sri Lanka as an IFN Roadshow venue.”

The IFN Roadshow is a one-day event held in several developing and established Islamic financial markets. Since 2008, the IFN Roadshow has completed over 35 events, in 16 countries with over 7,000 delegates attending.