UK-based financial intermediary membership in RFI Foundation to support awareness of responsible finance
The RFI Foundation is pleased to announce the membership of DDCAP Group as an Observer member. The company brings deep institutional experience in Islamic finance stretching back more than 20 years and an abiding commitment to the industry's position within the wider responsible finance market.
Commenting on DDCAP's membership, its Managing Director Stella Cox said: "It is incumbent upon the financial sector to recognize our duty as intermediaries in the global economy while striving to make a positive impact. Our interest in expanding awareness of responsible finance has increased in recent years and, through our membership in the RFI Foundation, we expect to see greater recognition of the role for Islamic finance within the wider responsible finance market."
In addition to her role as Managing Director of DDCAP Group, a leading provider of asset facilitation services to the Islamic wholesale markets, Stella Cox is Chair of the Islamic Finance Market Advisory Group at TheCityUK. In 2013, she was invited to serve as one of a small group of non-ministerial industry experts within the UK Government's Islamic Finance Task Force whose work preceded and supported the decision by the UK Government to issue its debut £200 million sovereign sukuk in 2014.
Commenting on the membership, Blake Goud, the CEO of the RFI Foundation, said: "As we build our global presence, we are grateful for the support of members like DDCAP Group as we work to support research and build awareness of the responsible finance industry. It is important for us to have wide representation to ensure the diversity of the responsible finance market is represented within our membership base.
The activities of the RFI Foundation will support greater convergence between Islamic and traditional responsible finance in the coming years. In doing so we aim to cultivate a financial sector that is inclusive and responsive to society and supportive of equitable, inclusive and sustainable economic growth.
