The third marketing and management forum for banks and financial institutions opened at Moevenpick Hotel on Monday that focused on all aspects of Islamic banking after the massive spread of its products in Islamic and non-Islamic countries. The three-day event is sponsored by Kuwait Finance House, Bahrain (KFH-B), and Bahrain Islamic Bank (BIsB) as main sponsors among others. Organized by the Human Investment Corporation in conjunction with the Arab Academy for Financial and Banking Sciences and the Union of American Banks, the event provides a rare opportunity to participants to exchange expertise and communicate with many government and private organizations as well as prominent economists. “The forum will also focus on the banking sector's position in general throughout the Middle East region,” he said. “KFH-B's sponsorship will be within the framework of support and development of economic activities. “It also constitutes an additional qualitative step in marketing and banking management, in line with our compliance with the principles of Shariah,” Abdul Razak Jawahery, KFH-B executive manager, said. “KFH-B is committed to creating wealth and assets for our partners by supporting the growth and development of the economies of the GCC countries and the Middle East region, further promoting the Islamic banking industry all over the world. This strength constitutes the cornerstone on which the bank was established. A non-compromise policy on our compliance with the tenets of Shariah, together with the global investment strategies we adopt, contribute to our solid financial position,” he said. With the growing demand for Shariah-compliant products, KFH-B adopts a pioneering role in the development of unconventional new products, providing a rewarding risk-adjusted return to investors,” Jawahery said. “Our sponsorship of and participation in this forum stem from our belief in the major role of such events in enriching the banking sector with latest trends in bank marketing and management.
