WIBC 2010 will be attended by over 1,200 industry leaders from over 50 countries. Over the last seven years World Islamic Banking Competitiveness Report has become an indispensable source of reference for key players in global Islamic banking and Islamic finance industry.
The World Islamic Banking Competitiveness Report 2010/11 report is titled as ‘In Search of New Opportunities’ and developed in collaboration with leading global strategy advisory firm McKinsey & Company. Its findings will be presented by Amer Afiouni, Partner, McKinsey & Company at WIBC 2010 session held on 23rd November. The report aims at providing an up to date comprehensive overview of the competitive performance of major Islamic banks and new strategic development with respect to global financial landscape.
The World Islamic Banking Competitiveness Report 2010/11 will examine the overall competitiveness of Islamic banking sector. It covers the sectors strength, achievements and the current and potential challenges faced. It also focuses on the affluent high-net worth segment of Islamic banking, potential of Takaful market, measurement of “real” performance and strategies for Islamic commercial banking suites for small to medium-sized enterprises.
David McLean, Managing Director of the World Islamic Banking Conference said that “the analysis provided in this year’s report will be even more critical as it comes at a juncture when the major industry players are seeking to adopt best practices and re-visit key strategies and business models in order to ensure continued growth in a challenging economic environment.”
The Islamic banking industry has sustained its growth in the current state of global economic recession. Islamic banks have by far outperformed conventional banks in terms of asset growth. However, the recessionary era has adversely affected market values and profitability of Islamic banks leading to narrowing the gap with conventional banks.
source : http://www.abna.ir
