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Forum aims to promote Islamic finance

From FT Adviser

The Chartered Institute for Securities and Investment has launched a forum to discover the strengths and weaknesses of the Islamic finance industry within the UK.

According to a statement from the CISI, the Islamic Finance Professional Interest Forum is a collaboration with the Institute of Islamic Banking and Insurance to allow members to meet in London each quarter to network, listen to presentations and discuss issues affecting them.

The forum will start in 2011 and its formation coincides with strong growth in the global Islamic finance industry. It is currently worth $1 trillion (£643bn) and is expected to reach $2 trillion (£1.3 trillion) within the next five years.

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