Islamic Finance Training - Why It's Needed in Hong Kong

Islamic Finance is a big new area of interest for banks and financial services. Not only does it offer opportunities for new products and services, but it is also one of the fastest growing areas of finance. Despite the global economic slowdown, analysts estimate that the market for Islamic assets will grow by 10 – 15 percent in 2009. While this is not as fast as the 20 – 30 percent growth experienced in 2008, it nonetheless is an important opportunity for banks, particularly in Hong Kong.

Hong Kong has made a point of being an attractive destination for investors and marketing participants of Islamic Finance. With a global market size of US$400 billion and no clear leader in the market for Islamic Finance, Hong Kong stands to gain considerably from boosting its market presence, infrastructure and capabilities in this area. Although Dubai, KL and London all have big markets for Shariah products, no city can yet claim global leadership in Islamic Finance. So why not Hong Kong?

We've just launched Fundamentals of Islamic Finance which gives a great introduction to the subject and should be mandatory learning for anyone interested in Islamic Finance.

Check it out!