The IFN World Leaders Summit is a unique, by invitation-only annual meeting gathering CEOs of Islamic financial institutions, top business leaders, policymakers, legal experts, economists and thought leaders from key Shariah finance markets to critically discuss and debate the most pressing issues facing the Islamic finance industry.
DDCAP Group was a sponsor of the event and our Executive Director, David Testa was delighted to be a panellist on the Capital-Raising Roundtable whereby they revealed their thoughts and insights on raising capital through Islamic finance. David focused his comments on the positive sentiment for Islamic finance in the UK at the moment, in particular the ground-breaking Al Rayan £250m fully asset-back Sukuk issue and encouraging signs of renewed Government engagement with the Islamic Finance sector. This has been demonstrated by ministerial support for reviewing the possibility of renewing the UK Government’s £200m Sukuk issue, originally issued in 2014, and the presence of both Sajid Javid, Cabinet member and Secretary of State for Housing, Communities and Local Government, and John Glen MP, Economic Secretary to the Treasury and City Minister, at the successful Sukuk Summit organised by the Islamic Development Bank and the London Stock Exchange and held at the latter’s offices on 5th March 2018, which we cover fully in our review of the Summit and the ancillary events to it that involved DDCAP Group senior executives.