The globalization of finance has in a way allowed Islamic finance to thrive. The appreciation of its promising potential has prompted interest amongst conventional financial institutions to venture into this fast expanding market. In essence, Islamic banking and finance can expect to evolve into an increasingly important component of the global financial system. Indeed, Islamic finance has driven financial changes in many parts of the Muslim world.

In accelerating the development and spurring the full potential of Islamic banking and finance locally and internationally, CERT and AIBIM in collaboration with DJIM, IIIF and HSK are proud to present you the 3rd Kuala Lumpur Islamic Finance Forum (KLIFF 2006). This international conference is in conjunction with the Kuala Lumpur International Islamic Finance Expo (KLIIFEX 2006).

The theme: “Islamic Finance: Maturing Towards A Globalized Market”; was chosen to reflect the maturing years of Islamic banking and finance with approximately 40 years of experimentations, starting from the 1960s through 2006. At this juncture, it may be appropriate to review the various milestones that have been achieved over the years whilst projecting for future growth and expansion into the growingly globalized market.

KLIFF 2006 aims to serve as an avenue for parties to jointly participate in exploring and unlocking the potential of the industry as well as discussing the mechanisms and ways to confront the challenges waiting ahead. It is hoped that this conference will generate new enthusiasm, which will sustain the momentum in the development of the global Islamic banking and finance.