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Press Release
Siraj Capital (Dubai) Ltd Takes The Lead At London Sukuk Summit
1st July 2009

July 1, 2009 - London, UK... Islamic finance over the last several years has expanded throughout the world, not just in the Middle East, but in Asia, Europe and North America. The global Islamic finance industry has grown significantly over the last 10 years and conservative estimates suggest that over US$500 billion of assets are managed according to Islamic investment principles. In this ever expanding market, one unique company stands out from the rest.

Siraj Capital (Dubai) Ltd, a Merchant Investment Company regulated by the Dubai Financial Services Authority with offices in Dubai and Jeddah, is committed to the expansion of the Islamic Finance industry by providing international best in class practice and service.

"We recognize the importance of Islamic Finance in this new global economy landscape and aspire to be one of the leading Islamic Finance service providers in the region,? says Ibrahim Mardam-Bey, CEO of Siraj Capital (Dubai) Ltd.

A well-known speaker at such events, Mr. Mardam-Bey, will address the London Sukuk and Islamic Capital Markets Summit which is taking place on the 2nd and 3rd of July 2009 at the Radisson Hotel in London. His talk will center around the Evolution of the Sukuk Market-The Next Five Years. "Over the next five years we will see the rapid expansion of Islamic Finance and Sukuk in the West and elsewhere as evidenced by the recent Indonesian sovereign sukuk (Islamic bond), talks of a British sovereign sukuk and several other Corporate sukuk backed by non GCC assets," adds Mr Mardam-Bey.

The Siraj Capital team of 22 investment professionals (and a total of 40 employees), has extensive regional and international experience spanning investment banking, private equity, commercial banking, venture capital, management consulting, and entrepreneurship, with specific know-how in the emerging markets.

This third consecutive summit, in the series, organised by ICG Events is endorsed by HM Treasury, UKTI, The London Stock Exchange, International Financial Services London (IFSL) and The Arab British Chamber of Commerce. The London Sukuk Summit 2009 is specifically aimed at harnessing these developments and bringing knowledge and innovation to the industry. The Summit also provides a platform for dialogue with one?s peers and gives a voice in contributing to the future direction of the Islamic debt and capital markets.

Siraj Capital (Dubai) Ltd is also the Strategic Corporate Partner for the 2009 and 2010 London Sukuk Summit and will be re-launching Sukuk.net , an online central market place and information portal for the global Sukuk industry.

For more information on Siraj Capital (Dubai) Ltd and the Siraj Capital group of companies, contact: Fouad Anbari (fouad@sirajcapital.com).

 
 

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