LONDON, Jan 24: The City of London is arranging a special seminar on Islamic finance here on Jan 26 to discuss the salient features of this developing sector.

The British capital has become a centre for the development of the modern Islamic finance sector.

The legal and regulatory structures for it are in place and new products are being introduced at a fast pace, embracing banking, project finance, risk management, private wealth and even the emissions trading markets.

Lord Mayor of London Alderman John Stuttard will chair the seminar which will be addressed by a number of experts in Islamic banking.—APP