Activity Log

2017 Updates

Feb 17 – UKIFC and CMS announce details of a partnership to deliver Government Advisory work – please click here for more information

Feb 17 – UKIFC host the 12th Edinburgh Ethical Finance Round Table event in Edinburgh. Standard Life Investments and Inspiring Scotland shared their respective approaches to impact investing and measuring impact

Feb 17 – UKIFC supports debate on ethical investing organised by Heriot-Watt University’s Centre for Finance and Investment and the Ethical Finance Hub

Feb 17 – UKIFC share views with Nigeria’s Channel Television news programme on Islamic finance

Feb 17 – Advisory Board members Ajmal Bhatty and Omar Shaikh participate in RFi Group’s Islamic Banking Breakfast on in Dubai

Jan 17 – UKIFC appointed Secretariat of All Party Parliamentary Group on Islamic Finance

2016 Updates

Nov 16 – Omar Shaikh joins President Erdogan at the UN Bosphorous Summit to share insights on Islamic finance and social impact

Nov 16 – UKIFC support the launch of Al Rayan Bank’s co-located Scottish office with media coverage in BBC Good Morning Scotland (1hr 46m 46 sec), Reuters, IFN, The Herald, The Scotsman, Evening Times, Financial Reporter and Scottish Financial News

Nov 16 – UKIFC present at Frontier Exchange Islamic Enterprises Roadshow, London

Oct 16 – Interfaith finance initiative set for Lords discussion, Scotsman coverage

Oct 16 – BBC Radio  5 Live Wake up to Money and BBC Radio Scotland interview UKIFC on ethical finance and unique joint venture initiative with the Chuch

Oct 16 – Archbishop supports IFC and Church of Scotland shared values initiative at the House of Lords, London

Oct 16 – IFC & ISRA host leading international experts at thematic workshop on Shariah governance, London

Oct 16 – IFC Board Members Ajmal Bhatty and Omar share insights on Islamic finance, digital banking and banking in the UK at the Global Digital Banking Conference, Dubai

Oct 16 – UKIFC launch the “External Shari’ah Audit” Report at the Global Islamic Economy Summit in Dubai , see Reuters coverage

Sept 16 – MIT and Ulster University Executive Masters programme visit IFC to discuss governance and ethics, Glasgow

Sept 16 – IFC hold ethical finance roundtable with RBS and SIS exploring funding social enterprises, Edinburgh

Jul 16 – Faith Action invite IFC to share insights at APPG with MP Stephen Timms, Westminster  London

Jul 16 – Graham Burnside shares insights at Faith and Finance Fair at launch of Public Faith and Finance Report, London

Jun 16 – IFC share with BBC how work practices are impacted by Ramadhan

Jun 16 – Omar Shaikh presents at Responsible Investor Summitt faith investing panel, London

May 16 – IFC host a private dinner at the National Museum of Scotland with the Moderator of the Church of Scotland, Edinburgh

May 16 – HRH Emir Sanusi delivers keynote at shared values roundtable with leading theologians and scholars from the Church and Islamic finance, Dalmahoy Edinburgh

May 16 – How sukuk can solve Africa’s infra gap, IFC Board Member Richard deBelder comments to IFLR

Apr 16 – Chris Tait joins the IFC team full-time to lead the build out of the Ethical Finance Hub, Edinburgh

Apr 16 – Management Today review Islamic finance challenges featuring the IFC

Apr 16 – Brummell recognises IFC Executive Manager Umer Suleman as a ‘Rising Star of the City’

Apr 16 – Islam Channel calls on the IFC in launching Islamic finance jargon buster

Mar 16 – IFC appoints its first international Board Member from Dubai, Mr Ajmal Bhatty who joins the team bringing a wealth of takaful experience

Mar 16 – Emir Sanusi, City UK and leading global scholars back Church of Scotland and the UKIFC pioneering joint venture initiative, Edinburgh

Mar 16 – Faith groups in ethical financial services move, BBC Scotland,

Mar 16 – Scottish ‘Kirk’ joins Islamic faith on cash and morals, Financial Times

Mar 16 – Church and Islamic finance joint venture: Herald coverage, Scotsman coverage, Salaam Gateway coverage

Mar 16 – COMSAT host first Pakistan CPD session for scholars on auditing and assurance, Lahore Pakistan

Mar 16 – IFC Executive Manager Nadeem Haq and Board Member Omar Shaikh join global leaders at GFIF conference in Lahore, Pakistan

Mar 16 – UKIFC Board Member Graham Burnside addresses a legal audience in Dublin on Islamic finance, Ireland

Feb 16 – UKIFC share insights on the opportunity for Kenya in Islamic finance, International Financial Law Review

Feb 16 – UKIFC join Islamic Finance and Ethics Society at seminar exploring the way forward for the sector, London

Feb 16 – Wall Street Journal talks to the UKIFC on the Bank of England consultation for shariah compliant deposit facilities

Feb 16 – UKIFC Board Members Richard DeBelder and Omar Shaikh participate in LSE  Harvard workshop exploring Islamic infrastructure finance and UN Sustainable Development Goals, London

Feb 16 – CASE, together with the Polish Economic Association and Ministry of Finance, invite the UKIFC to present at roundtable on Islamic finance in Warsaw, Poland

2015 Updates

Dec 15 – IFC partners with Metskills on Islamic Capital Markets conference in Abuja featuring keynote from HH Sanusi the Emir of Kano, Nigeria

Nov 15 – Al Huda hold 5th Global Islamic Microfinance conference inviting IFC to share insights on the integration of  the Islamic banking and microfinance sectors, Kuala Lumpar

Nov 15 – Managing Risk in Islamic Private Equity, IFC present at INCEIF conference, Kuala Lumpar

Nov 15 – Developing Talent in Islamic finance, IFC present at UEL conference, London

Oct 15 – BBC Radio Scotland discuss ethical finance with IFC Board Member Omar Shaikh, Glasgow

Oct 15 – IFC join experts at Heriot Watt University to announce pioneering Ethical Finance Hub, Edinburgh

Oct 15 – IFC Executive Manager Umer Suleman shares insights at ExpoHalal Spain, Madrid,

Oct 15 – Nobel laureate presents IFC global ethical finance prize, EFICA, for its work on ethical finance, UAE

Oct 15 – IFC join industry leaders at the Global Islamic Economy Summit, Dubai

Sept 15 – Disrupting Finance event explores innovation and discuss Islamic finance with the IFC as part of the Better Banking panel, London

Sept 15 – IFC short-listed from over 2oo applicants for ADIB, Thomson Reuters EFICA Award, Abu Dhabi

Sept 15 – 11th UK Scholar CPD programme held with Dr Akram Laldin covering reinsurance markets and process of ijtihad in contemporary Islamic finance markets, London

Sept 15 – Umer Suleman IFC Executive Manager hosts talk on Islamic finance at HSBC HQ in Canary Wharf with Sheikh Akram Laldin, London

Sept 15 – Scottish Government Cabinet Minister, Humza Yousaf, hosts IFC and GEFF guests at prestigious reception in Edinburgh Castle

Sept 15 – BBC Radio Good Morning show discusses ethical finance with the IFC

Sept 15 – IFC together with ME Global Advisor host inaugural Global Ethical Finance Forum (GEFF) at the Balmoral, Edinburgh

Sept 15 – IFC and MMS host special ethical finance roundtable session at Dalmahoy (Edinburgh) with Governor Zeti, HH Sanusi, Lord Sheikh and international leaders in Islamic and ethical finance

Aug 15 – IFC run community Imam training session for Scottish Imams with leading Dubai Shariah compliance expert Mufti Mubeen, Glasgow

Aug 15 – IFC join regulators and operators for the Non-interest Finance Working Group in Abuja, Nigeria

July 15 – COMSAT and IFC sign MoU for collaboration to promote Islamic finance in Pakistan

June 15 – IFC Board Member Graham Burnside speaks with Public Finance on ‘Tapping into Islamic finance’

June 15 – TSB join 8th IFC Ethical Finance Roundtable presenting on challenges faced by financial institutions in marketing themselves and their products as ‘ethical’ and ‘fair’, Edinburgh

May 15 – Bank of America Merrill Lynch hold Introductory session on Islamic finance with Umer Suleman, IFC Manager, London

May 15 – UCD invite IFC to deliver keynote presentation at Islamic Finance and Law: Innovations and Regulations symposium, Dublin

Apr 15 – IFSB approve IFC membership as Observer Member, Kuala Lumpar

Apr 15 – UK Scholars participate in special IFC Basel 3 session hosted at Dentons, London

Apr 15 – IFC participate at Mecenata Institut roundtable at Villa Vigoni on Lake Como, Italy

Apr 15 – Tazkiya delegation from Indonesia visit IFC offices, Glasgow

Apr 15 – IFC Chair session at the University of Glasgow, Adam Smith Business School Islamic Finance symposium, Glasgow

Mar 15 – IFC attend AAOIFI conference in Bahrain & discuss external shariah audit plans for the country

Mar 15 – COMSAT successfully host Global Forum on Islamic Finance (GFIF) inviting the IFC and multiple international speakers to Lahore, Pakistan

Mar 15 – Religion and money: Is Islamic banking the way forward for Ethiopians? Guardian

Feb 15 – IFC present on regulatory considerations for Islamic finance in Baku, Azerbaijan

Feb 15 – IFC win 2015 British Muslim Award for services to finance and accounting

Jan 15 – BBC Radio Guernsey discuss the use of offshore trust structures with the IFC

2014 Updates

Dec 14 – CNN Arabic discuss the UK Government’s role in Islamic finance with the IFC, Dubai

Dec 14 – IFC & Megaevents announce unique forum to focus on ethical finance and Islamic banking to be held in 2015

Dec 14 – IFC Chair UK country session featuring Baroness Warsi and HMA Iain Lindsay at the largest annual gathering of Islamic finance leaders at WIBC, Bahrain

Dec 14 – Omar Shaikh presents at SHAPE MENA 2014, an initiative of the World Economic Forum focused on job creation for Arab youth, Doha

Dec 14 – 6th WIRBC focuses on the role of technology and innovation for Islamic retail banking, Dubai

Dec 14 – BBC Radio 4 discuss with the IFC the UK Chancellors Autumn Statement and how under an Islamic economic system how things may have looked, London

Nov 14 – IFC participate at panel session at LSBF & Raphal Institute joint symposium exploring the role of Islamic finance within the Commonwealth, London

Nov 14 – IIFM EU Islamic Finance Summit brings together key industry leaders featuring presentations from various IFC representatives including IFC Patron Lord Sheikh, London

Nov 14 – Queen Mary University invite IFC Senior Manager Umer Suleman to discuss Islamic finance, London

Nov 14 – World Islamic Retail Banking Conference invite IFC to present on regulatory challenges for Islamic finance, Dubai

Nov 14 – Bloomberg discuss centralised Shariah boards with the IFC

Nov 14 – Turkey could be the new global hub for Islamic finance, World Finance

Oct 14 – Leichtenstein invites the IFC to discuss creating enabling regulatory environments for Islamic finance, Vaduz Liechstenstein

Oct 14 – IFC facilitate a tailored capacity building programme for a senior Ethiopian delegation led by MeryCorps and including central bank representatives, London

Oct 14 – IFC hold 7th Ethical Finance Roundtable on ethical finance and debt capital markets covering SIB’s, Green Investment Bonds, Stranded Assets and Sukuk, Edinburgh

Sept 14 – Guardian newspaper Islamic finance supplement showcases IFC work on ethical finance

Sept 14 – EFInA Non-Interest Working Group convenes to develop local market with IFC assistance, Abuja Nigeria

Sept 14 – IFC join Corporate Livewire international panel virtual roundtable debating Islamic Finance 2014

Sept 14 – PwC host 9th UK IFC Scholar CPD session on Basel III, London

Sept 14 – IFC share view on the UK Government’s response to the Student Loan consultation with the Islam Channel

Aug 14 – IFC Senior Associate Mujtaba Khalid writes on takaful M&A challenges in the IFN – IFN Takaful M&A Challenges – 13 August 2014

June 14 – Monetary reform and advanced assurance discussed at IFC Dubai Scholar CPD session, DIFC

June 14 – IFC visit Nairobi to meet Kenya’s Capital Market Authority to assess opportunities for Islamic finance

May 14 – Securities & Exchange Commission Nigeria invite IFC to help develop capital markets plan

May 14 – IFC chair Non-Interest Working Group in Abuja

May 14 – BBC Radio 4 Money Box program discuss Islamic accounts with the IFC

Apr 14 – Islamic wealth management, IFC present at Glasgow University Indonesia Society seminar

Apr 14 – IFC join Durham University roundtable with INCEIF, BNM and ISRA

Mar 14 – Islamic Microfinance study tour conducted by IFC & EFInA visiting Pakistan and Indonesia

Mar 14 – IFC conference presentation on Enhancing Shariah Assurance, Burj Khalifa, Dubai

Mar 14 – Islamic Capital Market Masterplan – IFC support workshop with SEC in Lagos

Feb 14 – IFC hold roundtable in Scottish Parliament promoting Ethical Finance, Edinburgh

Feb 14 – Leading Nigerian scholars join IFC, & Sheikh Esam for capacity building, Abuja

Jan 14 – CNBC discuss Sukuk with IFC, Could 2014 be the year for sukuk bonds?

2013 Updates

Dec 13 – IFC present on microfiance & the UK Islamic finance market at WIBC, Bahrain

Nov 13 – IFC thank Saftar Sarwar for his contribution as he steps down from the IFC Executive Board

Nov 13 – IFC facitiliate 9th EFInA Non-interest finance working group in Abuja, Nigeria

Oct 13 – IFC present at WIEF on promoting education in Islamic finance, London (click here to see IFC commentary in the FT, Herald Scotland & BBC Radio)

Oct 13 – IFC Board Member Omar Shaikh presents on Islamic finance at the Adam Smith Business School, Glasgow

Sep 13 – Archbishop of Canterbury delivers keynote address at IFC roundtable, London

Sep 13 – IFC hold 8th UK Scholar CPD programme discussing latest AAOIFI standards and infrastructure projects

Sep 13 – IFC join EFInA Non-Interest Working Group in Abuja discussing consumer education challenges, Nigeria

Aug 13 – BBC discuss funding public projects using Islamic Finance with the IFC

Jun 13 – Tods Murray & IFC hold conference on funding Scottish Infrastructure, Edinburgh

Jun 13 – Scotland urged to enter the Islamic market, Herald Scotland

Jun 13 – Middle East investors seek Scottish projects, The Times

Jun 13 – IFC join Metropolitan Skills for Infrastructure sukuk conference, Abuja

May 13 – IFC faciliate EFInA NIFWG roundtable to discuss developments with regulators and market operators, Nigeria

Apr 13 – The Times in association with the IFC releases Islamic Finance supplement with a detailed analysis of the UK market

Apr 13 – Chartered Banker Institute discusses Islamic finance with the IFC

Mar 13 – UK seeks to maintain status as Western hub of Islamic finance, Weekly Zaman

Mar 13 – IFC present at City of London Livery company, ITC, Ethical and Spiritual Development Panel on Enhancing Trust using Islamic finance

Mar 13 – IFC & James Gibb Stuart Trust present on Ethical finane as part of Islam Awareness Week, Glasgow

Feb 13 – IFC join ResPublica roundtable with Lord Carlile, Birkbeck University, London

Feb 13 – IFC join industry leaders presenting at the 12th Euromoney Islamic Finance conference, London

Feb 13 – IFC hold ethical finance round table in Scottish Parliament, Edinburgh

Feb 13 – IFN feature article: “The UK: Global hub or great pretender?

Jan 13 – IFC hold Dubai Scholar CPD session covering monetary policy, PE investing and shariah assurance

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