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Working paper presented at the 1st Business Forum on Islamic Finance in Spain; focusing on finance as bridge between Arab and Western worlds

Saudi Arabia: Wednesday, March 18 - 2009 @ 16:16

The forum, which is being held today (Wednesday, March 18, 2009) at the IE Business School in Madrid, Spain, is sponsored by Expansion newspaper, the most influential and widely read daily financial Spanish newspaper, and will be attended by a powerful gathering of decision makers from the Spanish and Latin American business communities. Al Khabeer Merchant Finance Corporation in Saudi Arabia and its sister company Al-Khabeer International in Bahrain was invited by its Executive Director Mr. Amar Shata to attend the forum to present a working paper on Islamic finance outside the Islamic world, focusing on its impact in strengthening ties between the Arab and Western Worlds.

Mr. Shata will be exploring the trials and challenges of building bridges between the two cultures and will offer strategies and ideas that will help enhance Islamic banking products become closer to the true values of Islam. A total of 50 senior-level corporate executives, ambassadors and journalists are expected to take part in the forum, which will include working papers, round-table discussions and Q&As.

“The forum will be an excellent venue to identify new growth opportunities and discuss business prospects with potential partners from Spain and Latin America. Moreover, Al-Khabeer intends to underline the strategic benefits of Islamic finance and help interested corporate organisations better understand the concepts behind Shariah-compliant banking,”

said Ammar Shata, Executive Director of Al Khabeer.

The Business Forum on Islamic Finance offers an unprecedented opportunity for Al-Khabeer to interact with key decision makers from the Spanish and Latin American business communities who are interested to learn about Islamic finance and its impact in rebuilding the international financial landscape, particularly in the aftermath of the global financial crisis.

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Wednesday, March 18- 2009 @ 16:16 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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