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Islamic banking getting popular

Speakers observe at virtual meeting


Published : 05 Apr 2021 09:49 PM

Speakers at a virtual even on Monday opined that the demand for Islamic banking in Bangladesh is on the rise due to the country's robust economic growth, rising population and expanding 

middle-class.  The observations were made in the IFN OnAir Roadshow-2021. 

The roadshow took place with the theme ‘Brave new world: Islamic finance in Bangladesh’.

 This roadshow covered the areas such as capital raising, investment, financial technology, Islamic finance landscape in Bangladesh, what does the domestic Islamic finance ecosystem still require from regulators and market, how can regulatory, Shari'ah governance & legal frameworks be developed and implemented to support Islamic finance, current liquidity management tools for Islamic banks, structuring of green Sukuk and syndication financing under Shari'ah etc.

Md. Touhidul Alam Khan, FCMA, Additional Managing Director of Standard Bank Limited moderated the event of International IFN OnAir Roadshow-2021, organized by REDMoney Group. 

Md. Nazrul Islam, Deputy General Manager of Bangladesh Bank presented the keynote paper and Tengfu Li, Analyst, Financial Institutions Group, Moody’s Investors Services gave a presentation on overall Islamic finance and banking in Asia. Dr Saliba Sassine, Managing Director, Bluemount Capital, Scott Levy CEO, Bedford Row Capital, Ikbal Daredia, Advisor to CEO, Acting Director – Global Markets & Fixed Income (GMFI) and Acting Director - Treasury, The Islamic Corporation for the Development of the Private Sector (ICD), Professor Dr M. Kabir Hassan, Professor of Finance, Department of Economics and Finance, University of New Orleans and Dr Natalie Schoon, Consultant, Formabb was participated as panelists in this historic event.