Ghana will participate in Islamic Finance Forum in Dubai

Ghana will be among the participating countries in the International Islamic Finance Forum (IIFM), to be held in Dubai between March 7-9.

At the forum, the growing international importance of Islamic finance will be highlighted by Shari'ah scholars, bankers and financial experts at the forum, one of the biggest networking events in this rapidly expanding financial sector.

The forum is organised by the Dubai offices of the Institute for International Research (IIR) in association with Dow Jones Indexes of New York and the Saudi Economic and Development Company (SEDCO).

The event which is held annually in Dubai and at another international location six months later, has earned worldwide reputation for the openness and frankness of its debates.

Executives from more than 36 countries are likely to attend the forum with over 50 speakers from more than 20 countries. The speakers are the world's leading Shari'ah scholars.

The largest number of participants in the forum will be from the UAE and Saudi Arabia but the third largest contingent will be from the UK, followed by Malaysia, Bahrain, Turkey, USA, Pakistan, Oman, Kuwait, Jordan, Singapore, Switzerland, China and Lebanon.

Other participants are expected from Australia, Brunei, Cameroon, Egypt, France, Germany, India, Indonesia, Kazakhstan, Luxembourg, Nigeria, Norway, Poland, Russia, South Africa, Sri Lanka, Sudan and Tanzania.

The forum explores both political and economic contexts in which Islamic finance operates throughout the world. It does so by debating new markets and opportunities, challenging assumptions and contributing to correcting misconceptions about Islamic banking and finance, organisers said in a statement.