MANAMA: Al Baraka Banking Group (ABG), as part of its leading role in supporting the development of the Islamic financial industry and in continuation of its past participations, sponsored as a platinum partner the activities of a major Islamic banking conference.
The Annual Islamic Banking and Finance Conference, organised by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Bank, concluded at the Diplomat Radisson Blu Hotel, Residence and Spa yesterday.
"ABG has for many years been supporting and sponsoring all the events and activities that contribute to the development and promotion of the Islamic financial industry," a spokesman for the group said.
"It is keen to sponsor and support these specialised conferences in view of their strong link with the implementation of the group's strategies in serving the Muslim communities in whose countries ABG units operate," he said.
"The conference has now become an important platform that brings together all those concerned with or interested in the Islamic finance industry including scholars, bankers and government officials to discuss major issues related to the Islamic financial industry," he added.
"The conference, as such, provides a suitable forum for addressing challenges and identifying new opportunities in all markets, and this is exactly what the industry now needs, especially as it has become a major player in the international financial markets.
"Holding the conference annually in Bahrain underlines the importance of the kingdom as an international financial centre and an important hub for Islamic banking," he added.