from the banks of the Nile to the deserts of Kashgar (Iqbal)
International Technology and Economy Institute (ITEI) at Development Research Centre of the State Council of the People’s Republic of China (DRC) and the China Islamic Finance Club (CIFC) organised the 2016 Islamic Financial Cooperation Roundtable in Bejing on December 28, 2016. The event was held to recognise and promote “the Belt and Road Initiative.” It was a strategic event by CIFC that has shown tremendous commitment to promote Islamic finance in China.
With the Belt and Road Initiative, the government of China is building partnerships worldwide. Dubbed as the most significant development in the international politics and economics after the Marshall Plan by the USA (1948), the Belt and Road Initiative is deemed as an important development relevant to IBF.
Edbiz Consulting and Cambridge IF Analytica was represented in the Roundtable by its Chief Executive Officer, Dr Sofiza Azmi, who spoke on the topic of Islamic wealth management and its growth potential. As an editor of Islamic Wealth Management Report, Dr Azmi is considered as a globally respected expert on Islamic wealth management. Local delegates as well as foreign participants of the Roundtable proposed to develop links with Cambridge IF Analytica and other companies in the HD-Edbiz Group.
Other speakers included Professor Nabil Baydoun, Vice Chancellor for Enterprise and University Advancement at Hamdan Bin Mohammed Smart University, Dubai; Mr Lu Wei, Assistant Dean of ITEI; Dr Chi Hongtao, Deputy Director of the Centre for International Cooperation at National Development and Reform Commission; Dr King Guifei, Deputy Director of National Remote Sensing Centre of China; Dr Liu Naiya, Researcher at Chinese Academy of Social Sciences; Mrs Guo Jing; Mr Moinuddin Malim, Managing Director of AIM; and Mr Li Weiqan, General Secretary of China Association of Private Equity.
It was a well-attended event, and the foreign delegates were impressed by the progress that China Islamic Finance Club had made to promote IBF in China. They appreciated the efforts of Mrs Huang Lei, CEO of China Islamic Finance Club, who served as the official host.
Participants had a warm discussion on leverage on Islamic finance expertise to accelerate the international financing cooperation for Chinese enterprises.
