Mark Mobius to Address New Realities in the Global Financial System and Implications for Islamic Banks at WIBC 2010

As the international financial markets move towards stabilisation and economic recovery, critical discussions at the 17th Annual World Islamic Banking Conference (WIBC 2010) will focus on building a new growth paradigm for the Islamic finance industry that will successfully embrace this new global financial landscape.

Shifting Perspectives from Crisis to Recovery to Sustainable Growth

World renowned investment leader and emerging markets guru, Mark Mobius will be speaking at the 17th Annual World Islamic Banking Conference in a specially convened keynote session on the 24th of November 2010. Dr. Mobius is optimistic on the prospects for the global economy and is becoming increasingly bullish on the Middle East markets.

Mark Mobius
Executive Chairman
Templeton Emerging
Markets Group
Mark Mobius is the Executive Chairman of Templeton Emerging Markets Group and currently directs analysts based in Templeton's 15 emerging markets offices and manages the emerging markets portfolios. He has spent more than 30 years working in emerging markets all over the world and was named by Asiamoney magazine in 2006 as one of their "Top 100 Most Powerful and Influential People." Asiamoney said, Dr. Mobius "...boasts one of the highest profiles of any investor in the region and is regarded by many in the financial industry as one of the most successful emerging markets investors over the last 20 years... and is influencing the direction of billions of investment dollars."

The Emerging Markets Engine:
The World is Unlikely to Slide Back into a Recession?

Speaking ahead of WIBC 2010, Dr. Mobius noted "Since the bottom of the market in early 2009, prices have risen from those very low levels. Nevertheless attractive valuations can be found since, on the average, those valuations are in the middle of their long term range. Economic growth in emerging markets is sustainable in view of their strong fundamentals with high productivity, low debt to GDP ratios, and high foreign exchange reserves."