Episode Synopsis "#10 David Potter - Islamic Finance"

Islamic finance. A different world? To help give us a perspective on this, I am joined by David Potter, who has spent the most recent part of his career in the Islamic finance space. Now he is working on a project to make the whole asset & liability lifecycle much simpler. David shares his observations on where the Islamic finance world differs from "Tradfi" and where it is the same. Some highlights: The Shairiah world places a lot of emphasis on having a proper audit trail The hard work is all in the pre-trade part of the lifecycle, for example negotiating agreements. Business process here is very manual; this is where David and his team at Connectif are targeting adding value with their new market place and automation There is a need for better infrastructure and this presents the same challenges as in "Tradfi"; herding cats and trying to encourage strategic rather than tactical behaviour

Listen "#10 David Potter - Islamic Finance"

More episodes of the podcast The Bankers’ Plumber - Lessons Learned

• #11 - Gautam Gujral / Vertalo
• #10 David Potter - Islamic Finance
• #9 Colin Parry
• #8 - Tim Swanson
• #7 - The Consortium Conundrum Pt 2 - How banks change things
• #6 The Consortium Conundrum Pt 1 - How banks change things
• #5 More Operational Risk
• #4 The role of Operational Risk
• #3 Size Matters
• #2 Mike Certo / Ed Watts - The origins of the title “Lessons Learned”
• #1: Barry Lewis - About Basics and Good Control
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