Track: Global Financial Management

Islamic Economics, Banking and Finance: An Emerging Force for Economic Growth and Stability

Tuesday, October 21, 2008
8:30 a.m. - 9:30 a.m.
Room: 409 AB

This session will examine the multibillion dollar major economic development projects that are being financed by Islamic economic principles of intellectual, natural and cultural resource stewardship. Discussion will focus on the transformation of the global financial industry with the potential emergence of an Islamic currency and associated trade union.

Speakers:

• Steven R. Watts, PhD
  President and Chief Executive Officer
  Zurich Global Consulting Group

• Giovanni Bohorquez
  Founder and Chief Executive Officer
  Algrita, Inc.

Objectives

• Define Islamic banking and finance and discuss how is it similar and different from Western banking and finance models
• Discover why and how will Dubai develop into the global financial capital of the 21st century
• Determine the opportunities for public and private investment and partnership between Islamic and non-Islamic businesses
• Discuss the role will Islamic Economics play in creating a foundation for global economic security

Pre-Requisites

• Basic understanding of finance and economics
• Basic understanding and interest in the current events affecting the local and global financial community

Take-Aways

• How can I personally and professionally benefit from the global growth of Islamic banking and finance
• What skills will I need in order to understand how to work with Islamic organizations and professionals

CPA Field of Study: MAS