NEW DELHI, July 4 (Bernama) — Developments and initiatives in innovative Islamic finance and capacity utilisation is one of the key topics at the 8th World Islamic Economic Forum (WIEF) International Advisory Panel (IAP) bi-annual meeting Wednesday.
The meeting, attended by industry experts, business leaders from the financial and banking sectors as well as thought leaders of the Organisation of Islamic Cooperation (OIC) related organisations also discussed on ways to propel the Asian region into an investment-based and innovation-led economy.
“We are pleased that the IAP brings together the elites of the international investment community.
“Today, we discussed many significant issues including the approaches to improving bilateral trade between Malaysia and India,” said Tun Musa Hitam, Chairman of the World Islamic Economic Forum (WIEF) Foundation.
Speaking to Bernama here, he said the meeting also touched on Malaysia’s macroeconomic situation in the context of the growing Asean market and measures taken by the Malaysian government to improve the country’s attractiveness as an investment destination.
Over the years, the appointed members and representatives have provided useful counsel and opinions, Musa said, adding their input have been used to draw up vital framework and concrete initiatives for the development of the Asian economy.
“We strive for an active and proactive meeting to give the members ample opportunities to voice out their opinions,” said Nasser Munjee, Chairman of Development Credit Bank Ltd & Aga Khan Rural Support Programme, India and host of WIEF IAP meeting.
This time, the IAP meeting saw substantial participating panel, representatives and invitees to enable the discussions to delve deeply into relevant meeting agenda.
During the meeting, the IAP members were expected to provide strategic input and intellectual content for the 8th WIEF, which will be held from Dec 4-6 at the Persada Johor International Convention Centre in Johor, Malaysia.
Themed “Changing Trends, New Opportunities”, the forum is a joint collaboration between the WIEF Foundation and Johor state government, with the strong support of the Malaysian government.
It will cover topics including World in Flux: Leadership in Changing Times, Banking on Islamic Finance: From Legality to Economic Value, Living Sustainability: Walking the Greener side of Business, Shaping Tomorrow: Creative Leaders of the Future, and Global CEO Panel on The Rise of Prudent Economics: Rethinking Growth on a Shoestring.
— BERNAMA
This article was published at Bernama website on 4th July 2012.
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