The global credit crunch has created a window for non-conventional financing to take a foothold. With reduced risk exposure based on the requirement of an underlying asset, Islamic instruments may provide a viable alternative that appeal to investors. The IBA is pleased to welcome representatives from Ernst & Young to provide an introduction to Islamic Finance and to give an overview of potential business opportunities in Japan.

Specifically, they will discuss:

• the key principles of Islamic Finance;
• the global market for Islamic Finance and recent developments; and
• recent Japan-specific outbound and inbound Islamic Finance activities.