Media Advisory

Friday, April 08, 2011

ATTENTION: Assignment desks; religion, business, and legal reporters

Islamic Finance Forum

Media Contact: Susan Gluss, (510) 642-6936,


Legal, economic, and religious experts from across the world will meet at Berkeley Law for the Fourth Annual Islamic Finance Forum. The daylong event will explore issues related to Shari’ah-compliant finance and the challenges facing Islamic banking within the U.S. and globally.

As the practice of Islamic finance grows globally, this conference will explore its viability as an alternative model of financing and banking – particularly as the global economy attempts to recover in the wake of the 2008 recession.
Topics include mortgage financing, capital business structures, and Islamic finance’s potential to alleviate poverty through micro-finance loans. Participants will examine the growing grassroots movement to build an Islamic banking industry in the U.S. and the regulatory challenges involved. Finally, the panelists will discuss the conformity of the industry to Islamic ethics.
Participants include practitioners, scholars, bankers; and Islamic finance experts from Dubai, London, Qatar, Canada, and the U.S.

The event is sponsored by UC Berkeley School of Law’s Berkeley Journal of Middle Eastern & Islamic Law.  Forum co-sponsors include the law school’s Miller Institute for Global Challenges and Law, Amana Mutual Funds, SNR Denton, and Kirkland & Ellis.

WHEN: Saturday, April 9, 2011 from 9:00 a.m.—6:00 p.m. 

WHERE: UC Berkeley School of Law, room #105. See campus map.

Participants include:

Sheikh Muddassir Siddiqui, SNR Denton, Dubai

Fawzy Ismail, Ameen Housing Co-Operative of California

Michael J.T. McMillen, founder, ABA Islamic Finance Section

Babback Sabahi, Securities and Exchange Commission

Greg Cavanagh, Federal Reserve Bank of New York

Azeemuddin Subhani, Islamic Financial Services Board, Canada

Kevin S. Parker, New York State Senator

The event is free for students, faculty, and media.  Standard registration is $25.00. CLE credit is available for CA Bar members. For more details or to arrange interviews, please contact Mohammad Tajsar.