1st ASIA SUKUK SUMMIT 2009

1st Asia Sukuk Summit 2009 featuring key international and regional financial institutions and market players plus a select panel of leading industry experts.

The global Islamic Capital Market (ICM) has seen a spectacular proliferation of Sukuk (Islamic securities) issuance over the last two years. The total market including government, quasi-sovereign and private issuances now tops an estimated US$200bn, and the signs are that there is no slow down despite the impact of the credit crunch and the chaos in the global financial markets.

Following the highly successful inaugural London Sukuk Summit along the theme 'Strategies for Today; Demystifying Islamic Capital Market Products' held in June 2007 and the equally successful follow-up London Sukuk Summit in June 2008 along the theme 'Gearing up for UK Sukuk Originations', the organizers ICG Events, with the encouragement of global market players, are expanding the concept to organise Sukuk Summit in other important locations.

Hong Kong, the world's third largest financial centre after London and New York in terms of stock market size and fund-raising ability, is one such centre that has embarked on a series of exciting initiatives to facilitate Islamic finance in the region, especially Mainland China. As such, ICG Events with the support of Hong Kong's Treasury Markets Association (TMA) has organised the 1st Asia Sukuk Summit 2009 along the theme 'Towards a New Silk Route for Islamic Finance'.

The summit is specifically aimed at harnessing these developments to keep you informed about the Sukuk market developments and innovation. In these uncertain times can you afford to miss this opportunity to identify possible solutions and access new tools and financial resources?

IDB Sukuk To Fight Global Turmoil
Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank, recently commented "The Islamic Development Bank (IDB) will issue Islamic bonds (sukuk) in order to collect funds from international market place in support of member countries affected by the global financial crisis.
IDB has set up a committee to study the various aspects and effects of the global financial crisis and identify resources to finance investment projects in Muslim countries"
27 November 2008, Arabnews

For further information, please contact info@icg-events.com or visit the event website at www.sukuksummit.com/asia.