MANAMA: Bahrain-based International Islamic Financial Market (IIFM) will hold a specialised conference and workshop on Islamic banking, capital and financial markets on September 11 and 12 in Jakarta, Indonesia.

The event will be held in conjunction with the 15th meeting of the IIFM Board of Directors.

The IIFM is an international institution focused on the development of the global Islamic capital and financial markets.

The conference will be inaugurated by Indonesian Central Bank governor Dr Burhanuddin Abdullah.

"This is the first undertaking by the IIFM in South-East Asia, an important and fairly developing market for Islamic finance," said IIFM chief executive officer Ijlal Alvi.

"Creating synergies and strong links between the major markets in Islamic business are critical to the success of IIFM's mission of developing and stimulating the Islamic capital and short term financial market."

The conference will have a blend of local Indonesian and international speakers.

It will be followed by an International Workshop on Sukuk on September 12.

The specialised workshop, which will be inaugurated by Indonesian Finance Minister Sri Mulyani Indrawati, will focus on the global sukuk market and its development as well as the prospects for sukuk and its policy in Indonesia.