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CIS Islamic Banking and Finance Forum to be Held in Tashkent - Uzbekistan
CIS Islamic Banking and Finance Forum to be Held in Tashkent - Uzbekistan

Commonwealth Independent Stats (CIS) are new destination for Islamic Banking & Finance

(March 19, 2019 (Dubai)): CIS Islamic Banking and Finance Forum will convene in Tashkent – Uzbekistan on 2nd May, 2019 to explore and discuss innovative financial inclusion strategies that can create clear pathways to financial and economic Solutions. This Apex event is organized by AlHuda CIBE in association JS SABOAM LLC and Sponsored by Islamic Corporation for the Development of the Private Sector- ICD. ICD is one of the premier Islamic multilateral financial institution for the development of the private sector.

More than 15 countries will be participating in this prestigious event including Middle East, Kazakhstan, Tajikistan, Azerbaijan and Uzbekistan etc. Kazakhstan and Kyrgyzstan are well developed in this concept whereas Uzbekistan and Tajikistan are developing in the same way slowly but steadily. The theme of the forum is to explore the untapped potential of Islamic Finance market of CIS countries and to adopt the latest trends, address the challenges and discover the new opportunities in Islamic financial industry of Central Asia. Islamic Banking and Finance is the only solution for Banking and Financial needs. The forum will cover a variety of topics including Islamic Finance and Financial Inclusion, Takaful, Investment opportunities in Central Asia and Uzbekistan and Sukuk (the Islamic Bonds).

The main objectives of the forum include e.g. recognizing significant developments in Islamic Financial Infrastructure of Central Asia, linkages of Central Asian Islamic Finance industry with international financial market, demonstration of the flexibility of Islamic Financial markets during recent financial crisis, share the best practices of the international Islamic banking market with Central Asian Islamic finance Industry, assessing innovations in Islamic financial markets through the growth of newly developed research based products etc. The event is open for the public with very nominal entrance fee. It is highly recommended that more and more organizations, companies and banks should join the summit in order to gain the maximum benefit from this international event in Uzbekistan.

Mr. Muhammad Zubair Mughal, Chief Executive Officer, AlHuda CIBE - UAE echoed his thoughts, and said that Islamic finance is fastest growing area in CIS countries, Islamic finance is not only developing its roots in Muslim countries but many non-Muslim countries are getting benefit from it. AlHuda Centre of Islamic Banking and Economics (CIBE) is committed to providing specialized Training, Advisory and Research globally with commitment, dedication, and aspiration in Central Asia. Keeping the above vision in mind, AlHuda CIBE with its vibrant staff has been working with full dedication since 2006 for strengthening Islamic Financial System. He also added that AlHuda CIBE already have its footprints in the world different countries but in next six months they will unlock two new countries from Central Asia including Uzbekistan for their services. Industry well known speakers will be addressing the event including Mr. Pervez Nasim, Chairman & CEO, Ansar Financial and Development Corporation (“AFDC”), Canada. Mrs. Alimova Nodira Saidakhemedovna, A Member of UZLIDEP Uzbek Liberal Democratic Party of the Movement of Entrepreneurs and Businessmen, Uzbekistan, Mufti Aziz ur Rahman, Qazi Abdul Samad, Shariah Advisor of Bank of Khyber – Pakistan, Mr. Ulugbek Holmatov, Chairman of the Board, Founder, SABOAM LLC Dubai, Mr. Aijaz Ali Khawaja, Provincial Coordinator Poverty Eradication Initiative (PEI) Pakistan and Mr. Muhammad Zubair, Managing Director – AlHuda CIBE FZ LLE – U.A.E. Moreover, H.E. Dr. Irfan Yusuf Shami, Ambassador, Embassy of Pakistan, Tashkent, Uzbekistan will attend the event as Chief Guest.

About AlHuda CIBE:
AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provide state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Trainings Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance.

We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 35 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: www.alhudacibe.com

For Media Contact:
Ms. Shaguftta Perveen
Manager Communications,
info@alhudacibe.com
Call: +92 42 35913096 - 8

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