The launch of what was to become the world’s largest and the most significant annual gathering of Islamic banking & finance industry leaders anywhere in the world. 120 pioneering delegates attend the 1st WIBC.
Fast track to 2000 and the Islamic banking and finance industry enters the new millennium growing rapidly as the 7th Annual WIBC highlights a new wave of growth in the international Islamic banking and finance industry.
The events of 9/11 cast an unwanted spotlight on the international industry, however leaders of major institutions used the WIBC platform to put the record straight and get key messages across to one of the largest ever contingents of international media at the conference.
The 10th Anniversary of WIBC was celebrated in style. The event which was officially inaugurated by Abdulla Hassan Saif, Bahrain's Minister of Finance & National Economy and moderated by Peter Hobday, saw the announcement of the launch of a new $1.5 billion International Islamic bank.
The inaugural edition of the World Islamic Banking Competitiveness Report – an industry first initiative – was launched at WIBC 2004. The WIBC Competitiveness Report over the last 9 years has evolved into an indispensable reference resource for the key decision-makers in the global Islamic banking & finance industry. The pre-conference workshops, which are now a regular feature at WIBC, was also introduced in 2004. Tim Sebastian of BBC HardTalk was the moderator for WIBC 2004.
WIBC 2005 saw the introduction of a high-powered Leaders & Winning Strategies session featuring Abdul-Aziz Al-Ghurair & Abdullah Sulaiman Al Rajhi. Prof. Robert S. Kaplan was the Keynote Speaker at WIBC 2005.
Two World Renowned Gurus: Tom Peters & Gary Hamel wowed the WIBC Audience in 2006 and the delegate numbers broke through the 1,000 mark for the first time!
WIBC 2007 saw the launch of the World Comes to WIBC Initiative and the country-focus sessions, which explored the increasing interest and opportunities for Islamic finance in new jurisdictions. For the first time, the UK Trade and Investment hosted the UK Pavilion which featured a high powered delegation of decision-makers representing major banks & institutions in the UK attending the World Islamic Banking Conference. The UK Pavilion is now a regular feature of WIBC.
WIBC celebrated its 15 years of market leadership in 2008. The World Comes to WIBC initiative further expanded to feature a high powered delegation from Singapore which was led by H.E Heng Swee Keat, Governor of the Monetary Authority of Singapore.
The Global Economic Crisis continues to cast a shadow across the conventional banking industry. The global market leaders gathered in full force at WIBC 2009 to strengthen the resilience and shape the future of the global Islamic finance industry. Prof. Nassim Nicholas Taleb, Author of the New York Times Best Seller – The Black Swan, was the keynote speaker.
WIBC 2010 featured for the first time an official representation from Luxembourg to showcase Islamic finance. Also for the first time, a Malaysia focus representing the county’s leading Islamic financial players. Todd Benjamin, Former Financial Editor of CNN was the moderator and Dr. Mark Mobius, Executive Chairman, Templeton Emerging Markets Group was the Guru Speaker.
For the first time ever, an official representation from France led by Invest in France Agency attended WIBC in 2011 and hosted a roundtable on the opportunities for Islamic finance in France. Also for the first time, WIBC 2011 featured Kishore Mahbubani, Dean and Professor in the Practice of Public Policy Lee Kuan Yew School of Public Policy, National University of Singapore as the Guru Speaker.
WIBC 2012 featured for the first time, a US Country Interface led by the US Chamber of Commerce. This was the first time that the US was ever showcasing their interest in Islamic finance and inviting Islamic finance institutions to the US. WIBC 2012 also featured a special keynote address by H.E. Jaloul Ayed, Former Minister of Finance, The Republic of Tunisia who discussed the Potential for Islamic Finance in Maghreb Countries in the aftermath of the Arab spring.
The 20th Anniversary Special Edition of WIBC was a true celebration as the world’s largest gathering of Islamic finance leaders took stock of the past, present and future of the industry. It was graced by the presence of Islamic finance pioneer and industry titan Sheikh Saleh Kamel, Founder and Chairman of Dallah al Baraka Group (DBG), who shared his invaluable insights into the Development of the Islamic Finance Industry: Perspectives on the Past, Present and Future. The Keynote address was by Sir Howard Davies, Former Chairman, Financial Services Authority; and Former Deputy Governor, Bank of England, who spoke on the Future of Banking Regulation & Implications for Islamic Finance Institutions.
Celebrating 21 Years of Growth, Excellence and Innovation in the Global Islamic Finance Industry, keynote speakers featured Nurlan Kussainov, Deputy Governor, National Bank of Kazakhstan; and Jaseem Ahmed, Secretary-General of the Islamic Financial Services Board (IFSB), who addressed key issues related to the strength, stability and enhancing international linkages between Islamic finance jurisdictions. Baroness Sayeeda Warsi of the House of Lords, who has been a key driving force in the progress made by the UK in Islamic finance, said in her special keynote address that London is fast emerging as a key centre of Islamic finance offering billions in earnings as well as funding for major infrastructure projects.
WIBC celebrated 40 years of the Global Islamic Finance Industry in its 22nd edition, enabling it to evolve into a globally renowned brand standing for excellence, innovation & growth. In 2015, WIBC introduced various new topics including a focus on Fintech, Digital Banking and a large interest on Ethical Banking. WIBC’s tremendous success was portrayed in its representation of over 1300 delegates from over 50 countries, with 94 partners and over 70 high profile and globally renowned speakers.
WIBC Through the years
WIBC 2015 Highlights
WIBC 2015 Promo Video
Finance Forward Islamic Finance Outlook Report 2016
Launched in December 2015 by Middle East Global Advisors, the “Finance Forward Islamic Finance Outlook 2016” combines meaningful insights from Islamic finance leaders — gathered from an extensive survey of practitioners’ sentiment — with robust analysis of the performance of Islamic financial institutions. The insights are intended to help the Islamic banking leader understand the developments in the regulatory, economic, demographical and technological landscape.
Thomson Reuters Barwa Sukuk Perceptions & Forecast 2016
Thomson Reuters Sukuk Perceptions & Forecast 2015 is widely regarded as the key source of information about the global Sukuk industry. The 4th edition of was produced in partnership with Barwa bank by Thomson Reuters and it’s based on a survey of key market players in the industry and provides a thorough analysis of the trends in the fixed income Islamic investment markets.
Kazakhstan Islamic Finance 2016
Launched by Thomson Reuters, Islamic Research and Training Institute (IRTI), and the General Council for Islamic Banks and Financial Institutions (CIBAFI) in partnership with the National Bank of Kazakhstan, this report assess emerging opportunities in the Kazakhstan financial market for Islamic finance and provides comprehensive view of the current adoption of Islamic Finance in Kazakhstan.
ICD-TR Islamic Finance Development Report 2016
Launched by Thomson Reuters and the Islamic Corporation for the Development of the Private Sector (ICD) examines the key statistics and trends across five indicators that are deemed to be significant for measuring the development of Islamic finance industry. These include Quantitative Development, Knowledge, Governance, Corporate Social Responsibility and Awareness. These indicators are tracked across 108 countries, which had contributions in all or some of these indicators.
Canada Islamic Finance Outlook 2016
Launched by Thomson Reuters and the Toronto Financial Services Alliance, this report provides thorough analysis of the state of Islamic finance industry in Canada. The report serves to highlight the key strengths of Canada that can enable the country to become a hub of Islamic finance in North America.
Simply Sharia Human Capital Report 2016
The Human Capital Challenge: Shaping The Future Report was published Simly Sharia Human Capital. The report is a manifesto on the human capital and talent development challenges specific to Islamic finance; looking at key areas in the development of talent, recruitment, employment, skills, education, Shariah, human resource, gender, digital, data, marketing, Millennials and leadership.
World Islamic Banking Competitiveness Report 2016
The World Islamic Banking Competitiveness Report 2016 is produced by Ernst & young and it aims to inspire and inform the business strategies of Islamic banks through specific, actionable insights. The Insights are also based on interviews with banking executives and industry observers, to identify key trends, risks and priorities.
Sudan Islamic Finance Report 2016
Sudan Islamic Finance Report 2016 is produced by the Islamic Research and Training Institute (IRTI), and the General Council for Islamic Banks and Financial Institutions (CIBAFI) in collaboration with Bank of Khartoum. The report provides substantive due diligence on the opportunities for Islamic financial and non-financial services in Sudan.
Who Should Attend?
Interactive Delegate Experience
WIBC 2016 will harness the power of technology, social media & cutting edge research and insights to give delegates a rich and interactive global Islamic financial services experience.
From curate content for impactful panels to maximising audience engagement through voting & twitter conversations on hot topics, to facilitating meetings seamlessly through the WIBC App, WIBC offers a powerful platform for our delegates.