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Leading Islamic finance experts to discuss risk sharing concepts

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The Securities Commission Malaysia (SC) will host the 5th International Islamic Capital Market Forum (IICMF) on 10 November 2011. The 5th IICMF will gather local and international experts to discuss and deliberate on the current state of Islamic finance.

Themed "Risk Sharing: A Way Forward to Public Good", the one-day forum will feature prominent Islamic finance scholars and practitioners including Dr Abbas Mirakhor (International Centre for Education in Islamic Finance, INCEIF); Professor Volker Nienhaus (Visiting Professor, Qatar Faculty of Islamic Studies); Professor Mohamad Aslam Haneef (International Islamic University Malaysia); Professor Mohammad Hashim Kamali (International Institute of Advanced Islamic Studies); Omar Sheikh (Islamic Finance Council, UK); Mushtak Parker (Editor, Islamic Banker); and Mohamed Ismail Mohamed Shariff (Mohamed Ismail & Co). The SC Chairman, Tan Sri Zarinah Anwar, will deliver the keynote address.

The forum provides a platform for these international experts to discuss the current model of Islamic finance. The discussions will focus on how a risk sharing system can address some of the issues arising from the risk transfer system practised by the conventional financial industry.

Key topics include:

- How would risk sharing structure sustain under current market conditions?
- Corporate governance, ethics and social responsibility - integrating Islamic heritage with modern knowledge
- Risk sharing and public policy: theory, applications and instruments
- Islamic economics and the public good - the ethical and social dimension

Members of the public who would like to attend this forum can visit the SIDC website ( or call Sharifuddin (03-6204 8644) / Saadon (03-6204 8665) for more information.

The public can also visit the link here:

( to obtain an e-brochure of the forum.

(Courtesy: Zawya, October 20, 2011)
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