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07.02.2017
08:00

Dubai International Financial Centre Joins Takaful Forum

Photo: DIFC

The 12th annual World Takaful Conference (WTC) will take place on April 11th and 12th at the Dusit Thani Hotel, Dubai, and will be convened by financial intelligence platform, Middle East Global Advisors, in strategic partnership with the Dubai International Financial Centre (DIFC). To be held under the theme of "Stability, Authenticity & Technological Transformation", WTC 2017 will build on its long-standing reputation for nurturing the development of the Takaful industry by facilitating discussions, insights and connectivity.

The DIFC is the financial hub for the Middle East, Africa and South Asia, providing a platform connecting the region’s markets with the economies of Europe, Asia and the Americas. It also facilitates the growth in South-South trade and investment. The Centre offers an independent regulator, an independent judicial system with a common-law framework, a global financial exchange, inspiring architecture, support services and a business community.

Speaking ahead of WTC, Ehsan Abbas, Chairman of Middle East Global Advisors, shared: "We are delighted to host the World Takaful Conference in strategic partnership with the DIFC Authority. At its inception 12 years ago, the DIFC was a founding partner and our long-standing partnership has been instrumental in enabling the Forum to develop its global proposition."

Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, said: "The Takaful industry faces significant competitive pressure in an already challenging macroeconomic environment. However, FinTech represents an incredible opportunity for the sector to gain competitive advantage by using advancements in areas such as artificial intelligence, big data, mobile technology, wearables, and telematics to develop new products, price competitively, manage risk, gain scale, improve distribution and drive profitability. Partnering with the World Takaful Conference allows the DIFC to encourage dialogue in these areas, thereby supporting the worldwide Islamic economy and helping it achieve long-term, sustainable growth."

www.wtc17.com

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