Industry titans, pioneers and global leaders in the international Islamic banking and finance industry are set to take part a conference to be held in Bahrain from December 1. The 21st Annual World Islamic Banking Conference (WIBC 2014), under the theme ‘Islamic Finance: Towards the New Paradigm Shift in Global Financial Markets’ will run till December 3 and will be supported by the Central Bank of Bahrain, TradeArabia said. Islamic finance is set to play a much more prominent role in the wider economies of both the traditional OIC markets as well as new countries who are exploring the potential of Islamic finance in their markets, such as being witnessed recently in markets from Hong Kong to the UK.
