SUKUK FORUM Quotes |
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 The Dubai International Financial Exchange (DIFX) is playing a key role in the rapid growth of Sukuk as a prominent asset class, because of its location and its international standards. These have enabled the DIFX to attract a larger listed value of Sukuk than any other exchange. The Sukuk Forum will make a timely and important contribution to understanding future trends |
and developments in the industry. |
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Per E Larsson |
Cheif Executive |
DIFX |
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| In my estimation the size of Sukuk in the future will represent more than 10 times the size of equity traded in GCC. As such the Sukuk Forum has been timed perfectly |
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Ayman Sejiny |
Board Member |
Unicorn Investment Bank |
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The SUKUK Forum should encourage more issuers to take their plans forward. We need Sukuk, we need to have a complete yield curve with a variety of credit qualities and even more diversification in terms of currencies. Finally each Muslim investor should be able to buy Sukuk or |
Sukuk funds to create an efficient portfolio. |
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Michael Gassner |
Marketing, PR & Sales Strategy Advisor |
Sanad Sukuk Fund |
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What we are seeing at the moment is a virtuous circle in which the availability of a growing number of Sukuk products is bringing more investors to the market, attracted by the choice now on offer. This expanding investor base is creating opportunities for a much wider Sukuuk issuer base which is in turn encouraging product innovation. It is |
becoming a very healthy and competitive market |
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The UK Government has recently recognised the importance of sukuk to the Islamic capital markets by introducing legislation to clarify the treatment of sukuk for UK tax purposes. A well designed UK regulatory and tax framework for sukuk could enable London to become the |
global hub for wholesale Islamic financial transactions. |
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Mohammed Amin |
Partner |
PWC |
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With the current development and likely growth in Sukuk issuance globally, the Sukuk Forum is a timely event to enable the various players in this asset class to interact and engage in dialogue to develop this sector of |
Islamic finance further to benefit the industry |
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Majid Dawood |
Chief Executive Officer |
Yasaar |
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Every year since 2000 has seen the level of Sukuk issuance increase across the globe. 2006 was the biggest of the lot and yet all the signs are that 2007 will make 2006 look like kindergarten. This year has all the hallmarks of being the year when Sukuk issuance really takes off - not just in the primary market but the secondary market too. The Sukuk Forum along with Sukuk Insider are THE guides for institutions in the Sukuk industry |
and those wishing to partake of this sector. |
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Paul McNamara |
Editor |
Banker ME & Sukuk Insider |
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Sukuk provide a relatively easy way for western companies to tap into Islamic finance pools as well as allowing Middle Eastern governments and corporates to attract western finance. Recent tax changes in the UK will make Sukuk issuance a valid financing option for UK business and most western governments are likely to follow with similar enabling legislation. That development will create a huge global market for Sukuk and thrust Islamic finance into the mainstream of global finance. The Sukuk |
Forum is perfectly timed in this regard. |
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Darshan Bijur |
Director |
KPMG |
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The development of an active and vibrant sukuk market is of fundamental importance to the continuing development of the Islamic Finance industry. Whilst sovereign, institutional and corporate issues are now common , there is still much more scope for innovation in the use of sukuk to exploit the global capital markets.
The program put together by the organisers is exactly what the industry requires...a focused event which touches on the practical issues and concerns and indeed brings together a number of the institutions and practioners who will be responsible for this innovation and |
development |
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The Investment Dar takes great pleasure in supporting this most acclaimed Sukuk industry focused forum. We will be present in full spirits and look forward to meeting and greeting Middle East Business |
Forum delegates |
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Amr Abu El Seoud |
Executive Vice President |
Investment Dar |
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This event will be a key bookmark in the evolution of the SUKUK markets, and should result in constructive and innovative debate. It is precisely this type of high level dialogue that is needed to further develop this growing |
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Ibrahim Mardam-Bey |
Senior Strategic Advisor & Member of the Board of Directors |
BEMO Securitisation |
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