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2nd Sri Lankan Islamic Banking & Finance Conference

Second Sri Lankan Islamic Banking & Finance Conference...

Sri Lanka Islamic Banking & Finance Conference

Key Speakers

Hilmy Cader,
Chief Executive MTI Consulting (Global), BAHRAIN.

Dr. Shariq Nisar,
Taqwaa Advisory A Shariah Investment Solutions.

Ahamed Ismaildeen Marikkar,
IBF Consultant

Reyaz Mihular,
Partner/Head of Advisory - KPMG Ford Rhodes Thornton & Co.

Faizal Salieh,
Managing Director/CEO - Amana Investments Limited.

Muhammad Azad Zaheed,
Head of Retail Banking, MCB Islamic Banking Division,MCB Bank.

Suresh R I Perera,
Principal - KPMG Ford Rhodes Thornton & Co.

Sabri Abdul Cader,
CEO Cross Border Associates
(Pvt) Ltd

Ahamed Shiraz Sideek,
VP Abu Dhabi Islamic Bank,
ABU DHABI, UAE.

Ishrat Rauff,
MD/CEO SAIF-Capital (Pvt) Ltd

Riyaz Sangani,
MD/CEO-Vidullanka PLC.

Venue:
Galadari Hotel

Date:
27th & 28th July 2010-Conference
29th - July 2010 - Master Classes

For Sponsorship Oppertunities & Information Contact Rozana
Tel: +94 773 501 246
Email: rozana@utoeduconsult.com

Subject	:	2^nd Sri Lankan Islamic Banking & Finance Conference
Description	:	Second Sri Lankan Islamic Banking & Finance Conference Key Note Speaker Mr.Rushdi Siddiqui, Global Head of Islamic Finance, Thomson Reuters (USA) on 27th & 28th July 2010 - Conference & 29th - July 2010 - Master Classes at Galadari Hotel.
Contact	:	Contact Rozana: Tel: +94 773 501 246 Email: rozana@utoeduconsult.com

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Bottom Line

Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment or acceptance of interest fees for the lending and accepting of money respectively, (Riba, usury) for specific terms, as well as investing in businesses that provide goods or services considered contrary to its principles (Haraam, forbidden). While these principles were used as the basis for a flourishing economy in earlier times, it is only in the late 20th century that a number of Islamic banks were formed to apply these principles to private or semi-private commercial institutions within the Muslim community.

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