Themed “Islamic Finance – Reality or Myth” the first workshop organised by RAM ratings will be held on March 19 at the Cinnamon Grand Hotel.
In this workshop, the presenter, Roslan Abdul Razak will not only share his knowledge but also his vast experiences in Islamic Finance throughout Asia, said Country Manager, Acting CEO – Sri Lanka Kingston Ng. He said that some of Roslans achievements include pioneering Malaysia’s maiden Islamic Sukuk and his involvement in the clearance system for Islamic Banking in Malaysia. Ng said that there is a substantial Islamic population in Sri Lanka and they also have a substantial amount of savings but according to the Islamic law there are constraints for them to invest in normal savings products.. The market players who saw this opportunity established investment companies and education companies.
But still there is a necessity for a basic understanding of Islamic finance.
This is a first in a series of seminars on Islamic finance said Ng.
source : sunday observer