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H.E. Ahmed Osman
Central Bank of Djibouti
"The International Islamic Banking Summit Africa: Djibouti 2016 is an innovative landmark gathering which regularly convenes global industry leaders to boost economic development and facilitate greater trade and investment flows between Africa and the OIC markets through Islamic finance. Islamic finance brings several key value propositions to Africa; most notably in the areas of enabling infrastructure finance, boosting international trade & investment flows, and deepening financial inclusion; and accordingly this year’s Summit will focus on “Harnessing the Driving Forces for the Successful Development of Islamic Finance in Africa".
Abdul Rahman M. Al-Baker
Executive Director - Financial Institutions Supervision
Central Bank of Bahrain
“The asset management industry is poised to enter an exciting stage in its evolution in the GCC region. The shape of the wealth and asset management sectors in the GCC is unique and the last two decades have conﬁrmed the region’s position as an important ﬁnancial hub for wealth and asset management, as well as a key trading centre connecting East and West. Indeed, the ﬁnancial services industry has made significant contributions to the impressive economic growth rates across the GCC.
However, global economic headwinds, created by uncertainties in China and the decline in oil prices, are challenging the international asset management industry to respond to this changing investment landscape. Nevertheless, positive prospects continue to attract capital to the region in search of hig-quality investment opportunities. Bahrain is already the Gulf’s most established fund distribution centre and is an internationally recognized ﬁnancial hub, with the ﬁnancial services sector in Bahrain being not only the largest sector of the non-oil economy but also the largest employer.
Against this dynamic backdrop, the Middle East Asset Management Forum (MEAMF 2016), is being launched under the patronage of the Central Bank of Bahrain and with the support of the Bahrain Asset Managers Association. Combining a highly innovative and interactive format with world-class speakers and more than 200 international delegates, MEAMF 2016 will tackle the most pressing questions that will drive the ongoing progress of the asset management industry across the dynamic markets in this region. The Middle East Asset Management Forum (MEAMF 2016) will take place on the 30th & 31st of May 2016 at the Gulf Hotel in the Kingdom of Bahrain, under the theme The Road Ahead in the MENA Investment Industry.”
H.E. Khaled M. Al-Aboodi
Chief Executive Officer
Islamic Corporation for the Development of the Private Sector
"There are many significant signs that Islamic Finance is gaining serious momentum on the African continent and is becoming one of the key drivers for equitable and sustainable growth for a strong and dynamic private sector. Clearly the growth of Islamic Finance will not only provide new financial instruments but will also provide greater access to liquidity pools across the Middle East which will result in faster economic, social and human development on the continent.".
Chief Executive Officer
The International Islamic Financial Market (IIFM)
"The role of standard-setting bodies, such as the IIFM, is key in the ongoing successful international development of the Islamic financial services industry. IIFM plays an enabling role in market unification by developing best practices at the global level and achieving harmonization through its efforts to create a robust, transparent and efficient Islamic finance industry. The Islamic Banking & Investment: Asia/Middle East Congress 2016 presents a high-profile platform for IIFM to communicate new developments and we look forward providing briefing on technical aspects of Islamic hedging and liquidity management standards to the industry leaders from across Asia and the Middle East."
Admassu Yilma Tadesse
President and Chief Executive
“Djibouti has a bright future as a blue ocean economy and major hub for services, not only transportation and logistics, but others such as banking and finance, notably Islamic finance, for which there is much and growing demand in the region. With robust economic growth and increased demand for finance in Africa, and given the growth of Islamic finance internationally, Djibouti's positioning presents an attractive opportunity for the development of a significant centre for banking and Islamic finance, especially considering the gaps in financial intermediation in the immediate region. Realizing this potential will of course require a strong institutional framework and enabling macro-economy, as well as suitable incentives and smart public-private partnerships".