THE 1st ISLAMIC FINANCE ASEAN SUMMIT
JUNE, 4-5th 2010, Hyatt Hotel Yogyakarta Indonesia
INTRODUCTION
After the global financial crisis, Islamic finance gain the right
momentum to grow and expand more quickly in the challenging economic
environment and a dynamic financial Gobal today. Internationalization of
Islamic finance becomes a necessity because of the vast reach of global
markets and increasing integration of Islamic finance in the
international financial system. In this context, the superiority of
sharia economic to be not merely in the capacity and resilience of
Islamic economic system is based on strong principles, but also the
ability to compete in international markets as well as work along.
Islamic finance rapid, starting from the development of Islamic
banking practices, which followed the growth and development of other
Islamic financial institutions, namely Islamic insurance, Islamic
capital markets, venture capital, leasing, and multifinance. Islamic
economic practices are also being applied in many real sector such as
hotel business, consultants, supermarkets and so forth. Rapid
development is not only happening in Muslim majority countries, but also
in countries of continental Europe and America. And no doubt, the
Southeast Asian region into an economic region is very prospective and
potential in the development of Islamic finance world, outside the
Middle East region. Especially in the drive from several
geographic-cultural similarities as well as its potential
market. Therefore, some ASEAN countries have expressed readiness to
himself to become the world’s Islamic financial hub. This promoted high
potential funds that can be managed with an appropriate scheme of sharia
and Southeast Asian markets are great for investing.
In this context, the ASEAN Free market in 2015 is clearly a challenge
as well as a greater opportunity for ASEAN countries to develop into
world economic power shaft. Things that are needed to deal with the free
market has been prepared intensely by their respective governments of
ASEAN member countries. Sectors included in the discussion of one of
them is the financial sector. But discussion of the Islamic finance yet
to become a major discussion of any formal meeting of ASEAN. These
shortcomings have become the main concern of The Society for Islamic
Economy (MES), as an organization representing all the economic
stakeholders of sharia in Indonesia.
Through the ASEAN Summit Islamic Finance, The Society for Islamic
Economy (MES) would like to invite all stakeholders of Islamic finance,
especially the government, regulatory authority, the perpetrators of
Islamic financial industry, as well as in ASEAN sharia academics
together to discuss measures and strategic initiatives which should be
prepared and implemented in the face of the ASEAN free-market
competition in 2015. The hope through this forum, established a
strategic understanding among stakeholders of Islamic finance in ASEAN
and opened the possibility of joint initiatives and strategic alliances
among ASEAN countries in developing Islamic financial strength to be
reckoned with in the economic pivot of the world level. By the Islamic
economic system, We Can make it a better world with Prosperity, justice
and peaceful.
MANAGEMENT CENTER
THE SOCIETY for ISLAMIC ECONOMY
Dr. Muliaman D. Hadad
Chairman
AGENDA# SEMINAR EXIHIBITIONSession I:
Strengthening Financial Interlinkages in the Region: The Need for
Collaborative PlatformSession II:
Competing the Global Market: Chalenges in Product DevelopmentSession III:
Regional Islamic Finance Outlook 2010# ISLAMIC FINANCE CSR FOR WEST SUMATERA
# GALA DINNER & THE 7th KBC AWARD
# THE 3rd iB GOLF TOURNAMENT
For more information please click
www.ifas2010.com
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