(MENAFN- Arab Times) CFA Institute, the global association of investment professionals, and CFA Society Kuwait, the local society of CFA Institute, hosted the fourth of a series of regional seminars targeting investment and financial professionals based in the Middle East region. The event was attended by more than 40 CFA charter holders and other members of the financial community, and was held in Radisson Blu Hotel. Usman Hayat, CFA, director of Islamic Finance and ESG at CFA Institute and Tomi Nummela, Head of Implementation Support, Principles for Responsible Investment discussed a number of trends and issues relating to Sustainability in Investing and Islamic Finance in general and sukuk in particular.
The presentation addressed new global and local insights on risk sharing, non-interest bearing, and asset-backed social investments of Islamic Finance, as well as the latest approaches to integrating environmental, social, and governance (ESG) issues in financing and investment decisions.
Rafik Hafez, President of CFA Society Kuwait, said: "The CFA Institute Middle East seminar reflects our ongoing and demonstrated commitment to nurture dialogue and actively engage the investment community across Kuwait and the wider GCC. This is a terrific opportunity for professionals in the financial industry to hear the views of some of the leading investment minds in the market. As Kuwait's financial markets continue to grow and mature, our intention is to host a series of seminars throughout the year that meet the demand and growing interests of our membership base, as well as those of their colleagues."
Usman Hayat, CFA, Director of Islamic Finance and ESG at CFA Institute, said: "Islamic finance has been successful in offering an alternative perspective on finance as the industry continues to evolve, in the wake of the global financial crisis, the ideas underpinning Islamic finance appeal to those who are concerned about the broader impact of the finance industry on society. This event organized by CFA Society Kuwait brought together latest thinking in both Islamic and conventional finance on how finance can do a better job at managing ESG risks and opportunities and better service society"
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