Enhancing the Resilience and Stability of the Islamic Financial System is theme for IFSB – IIF Conference
Kuala Lumpur, November 17, 2008 – The Islamic Financial Services Board (IFSB) and the Institute of International Finance (IIF) are jointly organising a Conference themed Enhancing the Resilience and Stability of the Islamic Financial System scheduled to be held on 20-21 November 2008 in Kuala Lumpur, which Bank Negara Malaysia (BNM) is hosting.
“The Conference is taking place at a time of significant strains in the global financial system and the views and perspectives of the participants in this week’s event are especially timely. We are most appreciative of the leadership of the IFSB and BNM for their roles in organising and hosting this very important meeting,” said Mr. Charles Dallara, Managing Director of the Institute of International Finance, which is the global association of financial services institutions with over 390 members across the globe.
Professor Rifaat Ahmed Abdel Karim, Secretary-General of the IFSB noted, “We are pleased that leading experts who will speak at the Conference will tackle some of the most pressing current issues in the Islamic financial services industry This is indeed a splendid opportunity to discuss whether more efforts need to be undertaken to enhance the stability and resilience of the Islamic financial system. We are most appreciative that the stage will be set with an opening conference address by Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia, who has recently been appointed as a member of the United Nations’ high-level task force to examine possible reforms of the global financial system.”
The Conference, which involves several sessions on different facets of Islamic finance, includes the following panel; Bank of Mauritius First Deputy Governor, Yandraduth Googoolye, Assistant Governor of the Central Bank of Sudan, Osman Hamad Mohamed Khair, CEO of Qatar Islamic Bank Salah Mohammed Ibrahim Al Jaidah and CEO of Bahrain Islamic Bank Mohammed Ebrahim,. Other speakers and chairmen include senior officials from a range of institutions including the International Monetary Fund, the World Bank, the Asian Development Bank, the Islamic Development Bank, the central banks of Indonesia and Malaysia, Qatar Financial Centre Regulatory Authority, as well as Moody’s Investors and A.T. Kearney.
