PRESS RELEASE
For IMMEDIATE RELEASE
INCEIF and KFH Research’s Inaugural Panel Discussion in Dubai
Dubai, 24 Nov: 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.
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.
INCEIF - The Global University of Islamic Finance, is set up by Bank Negara Malaysia to
develop human capital for the global Islamic finance industry. Apart from its academic
programmes, which are Chartered Islamic Finance Professional, MSc in Islamic Finance
and PhD in Islamic Finance, INCEIF also offers customised executive training programmes
and industry-focused applied research in line with its vision to be the knowledge and
thought leader in Islamic finance. INCEIF syllabus is structured with inputs from industry
players to bridge the gap between academic knowledge and industry experience. INCEIF
faculty members, who are globally respected among the Islamic finance academia and
industry, have a combined wealth of experience and diversity. The faculty, coupled with
continuous support from the industry, provides INCEIF students with strong mentoring
relationships and opportunities for professional development. For more information, visit
www.inceif.org
KFH Research Limited is a 100% owned subsidiary of Kuwait Finance House (KFH). KFH
is one of the largest Islamic finance institutions in the world with an asset size of
USD52bln. Founded in 1977, KFH is 48% owned by the Government of Kuwait, and is
the first Islamic bank established in the State of Kuwait. As one of the foremost Islamic
Financial Institutions in the world, KFH is now a market leader not only in the Islamic
banking industry, but also in the banking sector as a whole, providing a wide range of
Shari’a compliant products and services covering banking, real estate, trade finance,
investment portfolios and corporate, commercial and retail financial markets.
Media contact:
Baidura Ahmad, Senior Executive, Marketing & Communication, INCEIF
baidura@inceif.org Tel: 603 – 7651 4035
(from left) Simon Gray, Orhan Erdem, Daud Vicary, and Baljeet Grewal.