The International Bank of Azerbaijan received an official invitation to take part in the largest annual international event devoted to Islamic Banking – 16th World Islamic Banking Conference.
The Bank reports that the conference is given support by the Central Bank of Bahrain and a range of international financial institutions, including Islamic Development Bank, CITI, Gulf Finance House, Abu Dhabi Islamic Bank, Deutsche Bank, BNP Paribas, etc. The event to be held on 6-9 December 2009 in Manama, the capital of Bahrain, is to involve over 1 200 delegates from 50 countries of the world.
The IBA will participate in the conference as a privileged sponsor that will allow it to provide information about Azerbaijan and tell of prospects of Islamic Banking prospects in the country. The Bank’s executives intend to hold some meetings within the conference for the purpose to raise financial resources for Islamic Banking development in Azerbaijan.