The commitment of Securities and Exchange Commission of Pakistan (SECP) towards Islamic finance is cemented by its support for the second World Islamic Finance Summit (WIFS) which is due to be held on September 12-13 in Karachi. Industry leaders at the Summit will learn the perspective of the regulator, as SECP talks about the expanding footprints of Islamic funds and investment and its aspiration to promote and develop a financially strong and transparent Islamic financial market in Pakistan.
SECP is striving to strengthen the capital market and attract national and international pool of resources, through a focus on Islamic finance. In its three-year strategic plan, SECP visualises the consolidation and growth of innovative Shariah compliant institutions, products and services.
WIFS 2012 will be held under the theme "Islamic Finance: Exploring Shariah Advantage", and will combine keynote addresses, panel discussions, a CEO Power table and a 60 minute Shariah dialogue session. The Summit will play an important part in the promotion of Islamic finance in Pakistan by bringing together key industry players, regulators and Shariah scholars to exchange dialogues and explore opportunities based on Shariah precepts to further strengthen the economy. WIFS is organised by Publicitas Conferences which has a healthy experience of 20 years of international media representation and has organised various national and international conferences.-PR