CIBN, Lotus Capital unveil benefits of Islamic banking
Great reprieve is coming on the way of investors, potential investors, banks and other financial operators and analysts as the Chartered Institute of Bankers of Nigeria and Lotus Capital Limited collaborate to unveil the immense benefits and opportunities available in Islamic banking products, despite the global financial meltdown.
This is coming under the umbrella of the workshop on Islamic finance & investment products put together by CIBN and Lotus Capital which is scheduled from 22-26, March, 2010, at Colonades, 21, Alfred Rewane Road, Ikoyi, Lagos, at 9.00 am.Participants will have the rear opportunity of not only discussing and appreciating such critical issues and sub-topics in Islamic banking as The Road Ahead: Realizing the Potential of Islamic Finance and Investment; Islamic Finance Contracts; Successful Shari’ah Complaint Product Structuring; Islamic Finance: An Alternative Approach to Project Finance and Infrastructure Development and Creating Interest Free Bonds but also hear directly from seasoned Islamic banking experts from Nigeria and abroad.
Top on the list of the high profile discussants include Professor Dr. Monzer Kahf, of Qatar faculty of Islamic Studies, a professional lecturer, trainer, consultant and advisor of international repute in Islamic banking and investment; and Mrs. Hajara Adeola, Managing Director, Lotus Capital Limited, a convertible bond research analyst of BNP Paribas, London and an accomplished Consultant at Andersen (now Accenture).
It is expected that at the end of the workshop participants would be able to reasonably understand the new global wave of Islamic finance and investment banking.Also, they would learn the Islamic finance instruments and structured products and their relationships with conventional financing instruments.Understand Islamic finance contracts, provide with an in-depth understanding of the growing Islamic investment funds, their structure and growth and know how to structure Islamic insurance/Takaful products.The workshop is another veritable opportunity for banks and other financial institutions to expand and enhance their operations with a view to further improving their fortunes.