Recognizing the trend toward globalization of the burgeoning Islamic finance sector, a delegation from the British government - representing key UK banks and institutions - will showcase their capabilities at the 15th Anniversary World Islamic Banking Conference (WIBC), to be held in Bahrain. The Islamic banking industry has increased in profile internationally since the inaugural hosting of the UK Pavilion at last year's WIBC, seen with the hugely successful launch of the WIBC brand in London at the 1st Annual World Islamic Banking Conference (European Summit) in July of this year. Hosted by UK Trade and Investment (UKTI), the trade and investment arm of the British government, the UK Pavilion will be a dynamic and interactive space where delegates can meet the leaders who are currently forging the UK's role in Islamic banking. Andrew Cahn, chief executive officer of UKTI, said: “With an annual growth estimated at 15 percent over the next few years, Islamic finance's role in the global market is becoming increasingly important. The World Islamic Banking Conference in Bahrain provides an excellent opportunity for UK and Islamic finance representatives to continue building strong partnerships that will create genuine, global opportunities for the long-term development of this growing and increasingly important sector. Our ultimate goal is to make Islamic finance in Britain a global success.” Stella Cox, managing director, DDCAP, said: “The UK Pavilion offers British firms engaged in Islamic financial services a unique platform to promote their products at an event that encompasses the widest audience of any Islamic financial services gathering globally.”
