Jordan will hold the first “Islamic Finance and Investment Forum of the Middle East” region in March.

The two-day forum slated for March 2 will examine current trends and crucial issues in the fields of finance and investment in the Islamic countries, particularly in the Middle East region.

According to the agenda, topics to be covered in the forum will include the role, functions and responsibilities of central banks in banking, funds and alternative investment sectors in the Islamic countries.

The fact that Jordan is hosting such a conference is fairly significant in that Shariah Compliant Finance has been slow to develop there, with just a few institutions operating under Shariah. However, recently, Dubai Islamic Bank announced that it would be opening operations in Jordan.

Clearly, the financial jihadists have targeted Jordan now and we can expect many more events to box that kingdom’s government and people into having no choice but to accept Shariah compliance.

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