Higher Ratios of Islamic Tranches Predicted in Project Finance Market - Recognising development and innovation in the Islamic Finance industry, the upcoming 2nd Annual World Islamic Infrastructure Finance Conference (WIIFC) features the International Industry Award, presented in association with KPMG to promote excellence in the global Islamic project finance environment. The WIIFC is scheduled to be held on the 4th and 5th of November 2007 at the Four Seasons Hotel in Doha, Qatar with the award to be presented at the WIIFC Gala Dinner, hosted by Bahrain’s Borouj Capital on the opening day. The market for Islamic finance as a key source of financing large-scale projects is now coming of age. Complex deals are increasingly featuring an Islamic finance component, which is further spurring innovation as institutions develop the next generation of Islamic finance solutions to cope with the huge boom in real estate, LNG, energy and infrastructure developments. With Islamic banks now having gained major experience in increasingly complex transactions and conventional institutions further sharpening their own capabilities, the market is now set to expand to see even larger transaction sizes in the year ahead.