| |
 |
| Enhancing the Resilience and Stability of the Islamic Financial System is theme for IFSB |
|
 |
|
 |
| |
| |
Kuala Lumpur, June 10th, 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 is hosting.
The Seminar is organised in response to the increasing global interest shown in Islamic financial services and is the first such cooperation between the IFSB and IIF. The one and half-day conference will discuss and deliberate issues relating to the resilience and stability of the Islamic financial system during periods of economic difficulties and crisis.
Secretary General of the IFSB, Professor Rifaat Ahmed Abdel Karim, commenting on the importance of holding this Conference said "The Conference will provide a splendid opportunity to discuss the robustness of the existing infrastructures of the Islamic financial system when facing major financial crisis."
Charles Dallara, Managing Director of the Institute of International Finance reiterated this point. "The Islamic financial system is growing in its role in the global financial framework, and it is important that the broad international financial community gain a still stronger understanding of it. This meeting provides an excellent opportunity to do this and to underscore the system's potential and strengths. The IIF today has more than 370 member financial services institutions across the world and we are particularly pleased to be partnering with the IFSB in organising this Conference." |
| |
|
|
|
|
|
|
|
|
|
|
|
|
