INCEIF – The Global University of Islamic Finance and Kuwait Finance House Research Ltd today brought together three key industry players and regulators for their inaugural panel discussion titled ‘Islamic Finance – What’s Next?’
Panellists Simon Gray, Director Supervision at Dubai Financial Service Authority; Orhan Erdem, Director, Research Department, Istanbul; and Baljeet Kaur Grewal, MD & Vice Chairman at KFH Research; shared their views on the future of Islamic finance based on their respective experiences in the markets they operated. Among the topics discussed were the global standards for Islamic finance, updates on the regulation and supervision, financial inclusion and the role of research on policy and product development in a global market faced with financial and geo-political uncertainty. The discussion was moderated by INCEIF President & CEO Daud Vicary Abdullah.
Panel discussion on ‘Islamic Finance – What’s Next?’
Dubai is the perfect venue to launch the series of panel discussions, seeing that it is centrally located in INCEIF’s and KFH Research’s important markets in the GCC as well as neighbouring Turkey. Early this year, the Dubai government lined up its plans to become the “capital” of the Islamic industry, seeking to set the standards on industries as diverse as Islamic finance, halal food, pharmaceuticals and cosmetics, and charitable endowments.
For INCEIF, it makes much sense for the university to engage in the economically growing Gulf market with Kuwait Finance House which is an established brand in Islamic finance.
The panel discussion is the first in a series of five planned by both institutions following a Memorandum of Understanding (MoU) signed earlier this year to collaborate in developing and expanding knowledge in Islamic finance and human capital development. The partnership marked the coming together of two very distinct and significant organisations who are leaders in their own right in the Islamic finance industry.