UK - EVENTS - Islamic Finance - Is it here to stay? (Cambridge - May 31, 2011)

Islamic Finance - Is it here to stay? 

31/05/2011

When:	31/05/2011 5:45pm - 7:00pm followed by a drinks reception
Where:	LT1 - Cambridge Judge Business School Trumpington Street Cambridge, Cambridgeshire  CB2 1AG United Kingdom
Contact:	Sharifah Bakar-Ali (sbb31@hermes.cam.ac.uk)

Schedule: 5:30pm: Registration 5:45pm - 7:00pm: Panel Discussion 7:00pm - 8:00pm: Drinks and canapé reception Registration Information

Online registration is available until: 29/05/2011 Register for this event » View the 1 person who has already registered (full story)

UK - UK not ready for Islamic finance

Baljeet Kaur Grewal, managing director and vice chairman of Kuwait Finance House does not think the UK is ready for Islamic finance at the retail level. Grewal, speaking at a seminar in London, was explaining why KFH had not opened offices in the UK. She explained that although KFH had executed a number of real estate transactions for private clients on it books, it had not started wholesale or retail operations in the UK. She said: “We’re a commercial profit-making organization, and we’ll go where we can make the most profit, or where the best opportunities lie.” She confirmed that KFH were opening up an office in Moscow, were talking to the French regulator about the development of Shari’ah compliant finance in France and had representation in Australia. (full story)