In his 2007-08 policy address, Chief Executive Donald Tsang Yamkuen announced plans to develop Islamic bonds in the Hong Kong market. Now, turmoil in global markets has led to a slowdown in the financial sector but damage to the growth of Islamic finance had been far lower in part because the spread of Islamic financial instruments has been restricted and transactions involve lower leverage. However, potential remains robust for Hong Kong to develop the Islamic finance industry given the city’s open market and its status as a hub for international fund-raising and asset management as well as being regarded a gateway to Islamic finance into the mainland.
As these issues grow in importance for the region, LexisNexis is proud to introduce its conference on Islamic Finance to focus on opportunities and challenges the financial sector will have to address to ensure that Hong Kong has sufficient expertise for the development of Islamic finance. This timely regional conference will address developing a regulatory framework and tax structure, examining ways to structure issues in the Islamic capital markets and reviewing the attraction of shariah compliant products for investors. This high profile and timely conference will also teach you what is required to complete Islamic deals effectively. With or without experience in Islamic finance and how these deals are put together, this will be Hong Kong’s first event to cover the essential knowledge required as Islamic Financing becomes part of Hong Kong’s future financial success.
Applicable for 12 CPD Points from LSHK |