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World Islamic Retail Banking Conference set for 26-27 November in Dubai

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IMO News Service

The conference "brings forth the opportunity to grasp and brainstorm market trends and insights, in-depth dialogues from global and local practitioners and phenomenal networking opportunities with key policy makers, Islamic scholars, global Islamic retail bankers and business decision makers," said a media statement.

The 5th World Islamic Retail Banking Conference (26 - 27 November 2013, Shangri- La Hotel, Dubai - UAE), "brings forth the opportunity to grasp and brainstorm market trends and insights, in-depth dialogues from global and local practitioners and phenomenal networking opportunities with key policy makers, Islamic scholars, global Islamic retail bankers and business decision makers," said a media statement."ADCB Islamic Banking is the Strategic Partner for this conference, and through their knowledge sharing presentations will enlighten the audience about the Islamic banking practices adopted by them," the release continued.

"Akif.M.Shaikh, SVP - Head of Products & Segment Banking - Personal Banking Group at Al Hilal Bankwill enlighten the audience about the truth behind wealth management. Moments of Truth is a business model designed to fully understand the client experience, define its service proposition and increase its success in business development. It is based on the fundamental belief that a service business performance is based upon its countless interactions with its clients. It's an ideal tool for institutions which aim to deliver an exceptional affluent proposition. Al Hilal Bank is one of the Gold Sponsors for this conference.

"With the advancement of technology in banking proceeding, Islamic banking procedures are in dire need to adopt and adapt to technological methodologies. Ismail Ali, Director of Banking Marketing and Global Operations at ITS, will focus on Islamic banking trends, competitive landscape and technology as an enabler in his presentation entitled "Harnessing Technology to pave Islamic Banking Road". However with use and dependency on technology, challenges related to information technology are inevitable. TamÁs Erni, Managing Partner at LOXON Solutions Ltd, will address issues pertaining to IT Risks in his presentation. ITS and LOXON Solutions are also Gold Sponsors of WIRBC 2013.

"Presentation from Veripark Gulf, the Premium Silver Sponsor of this conference will be conducted by the Engagement Director, Gaith Halabi. Halabi, in his presentation titled The Innovative Direct Selling for Banking (VeriTouch DSA), will elaborate on its new technique which determines fast capture of customer information of the customer, check eligibility and provide the best terms using products calculator.

According to Moinuddin Malim, Chief Executive Officer at Mashreq Al Islami - "The future of Islamic retail banking will be driven by service quality, turnaround time and simplified documentation as price and service charges will no longer be the only factor. " Mashreq Al Islami is the Silver Sponsor of this conference that will also witness knowledge-sharing presentation from Tooran Asif - Head of Personal Banking at Mashreq.

"Adastra Business Consulting (Bronze Sponsor), is a boutique consultancy which focuses on business model optimization especially in the fields of risk management, sales and marketing for banks, consumer finance, telco operators and insurance companies. Jiri Zivnustka, Partner of the company will address the audience elaborating on the need of developing customized operating models in Islamic banking environment.

"This forum will witness presenters and industry experts from Al Baraka Banking Group, Standard Chartered Saadiq Berhad, Mashreq Al Islami, Noor Islamic Bank, Dubai Islamic Bank, Islamic Bank of Britain, Meezan Bank Ltd., Syarikat Takaful Malaysia Berhad, Bursa Malaysia, Bahrain Islamic Bank BSC, Sohar Islamic - Bank Sohar, Bank Nizwa, Bank Islam Brunei Darussalam, Islamic International Arab Bank, Islamic Banking, Bank Alfalah Limited and many more," the release concluded.
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