March, 15, 2010

Building on the success of our first annual World Islamic Retail Banking Conference in Dubai, Fleming GulfFleming Gulf is proud to announce the launch of Asia Islamic Banking Conference, 5-7 July 2010 at Kuala Lumpur. Malaysia, with an Islamic banking sector of about $43 billion, has been a pioneer in Islamic finance in Southeast Asia. Its industry is at an advanced stage of development, and Kuala Lumpur is competing with financial centres such as Dubai and London to become a global hub for Islamic banking.

The Philippines, Singapore and Thailand have relatively small Islamic banking sectors, matching the smaller Muslim populations in these countries. The Malaysian government has recently made the announcement that it will introduce several key measures to support the speedy development of Islamic finance.The announcement has been welcomed by the Islamic financial industry.

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