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Sunday, 23 September 2012

Malaysia : Centre for Islamic Wealth Management launched in Malaysia

INCEIF, BNP Paribas inaugurated the Centre for Islamic Wealth Management. The launch was held on the side lines of GIFF (Global Islamic Finance Forum) 2012. Malaysia is a nation that seeks to become an internationally recognised hub for Islamic wealth management. The research centre is located on INCEIF s Campus in Kuala Lumpur.

BNP Paribas Malaysia CEO Krishna Chetti and INCEIF President and CEO Daud Vicary Abdullah exchanged the Memorandum of Agreement (MoA) to commemorate the launch witnessed by BNP Paribas Malaysia Berhad Chairman Dato Abdullah Mat Noh, BNP Paribas Malaysia Board Member En. Halim Bin Din, Deputy CEO of BNP Paribas Investment Partners APAC, Vincent Camerlynck and INCEIF Board Member Rozali Mohammed Ali.
BNP Paribas is honoured to be a part of this landmark collaboration with INCEIF which reaffirms our commitment to Malaysia. Through this research centre, BNP Paribas hopes to contribute towards the growth of the Islamic Finance sector in Malaysia and the region, as Malaysia is a strategic hub for BNP Paribas Islamic Banking business in Asia-Pacific, said Krishna Chetti, Chief Executive Officer, BNP Paribas Malaysia.
In June 2012, BNP Paribas Malaysia launched its Islamic banking window under the Najmah brand, complementing our existing Islamic finance activities in Asset Management and international banking in Malaysia. We are serious and committed to build a solid base in Kuala Lumpur, with a strong focus on cross border. To succeed, talent development is crucial and we are looking forward to making a contribution to the industry, he added.
The research centre will carry out researches and developments in the area of Islamic wealth management, asset management and capital markets. The centre aims to be a catalyst of innovation in the nascent area of Islamic wealth management by enhancing the knowledge and know-how of players, including practitioners, Shari ah scholars, students, investors and the public, towards the development of a wider and diversified range of financial products and solutions.
(Equities.Com / 22 Sep 2012)
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