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Press Release > 2004

Additional members appointed to the Technical Committee of the Islamic Financial Services Board

Date posted: 28 December 2004

The Council of the Islamic Financial Services Board (IFSB) has appointed two additional members in the IFSB Technical Committee (TC). Mr. Mu'jib Turki Al Turki from Qatar Central Bank and Dr. Mulya E. Siregar of Bank Indonesia are the two new members of the TC which includes 11 other members who are all from supervisory authorities. "This is a welcoming addition to the TC and the IFSB looks forward to benefit from the rich experience of Mujib Al Turki and Mulya Siregar", said Professor Rifaat Ahmed Abdel Karim, Secretary-General of the IFSB. The TC is responsible for advising the Council on technical issues. It is worth noting that the IFSB is currently finalizing the exposure drafts on capital adequacy and risk management standards which are expected to be issued for public comments by the first quarter of 2005.

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