EPICENTRE - Multilateral Entities Expands Their Roles in Support of Developing Islamic Finance

	May 2014 / Rejab 1435H
Organisations such as the World Bank, the Asian Development Bank (ADB), the International Monetary Fund (IMF) and the African Development Bank (AfDB) have increasingly expanded their activities in support of the development of Islamic Finance globally. These activities complement those of the multilateral Islamic Finance bodies and reflect the growing interest in the economic possibilities arising within the Islamic countries and even beyond.
Other Highlights:
Prime Minister of Mauritius Delivers Keynote Address at the 11th Islamic Financial Services Board's Summit The Islamic Financial Services Board (IFSB) launched its 11th Annual Summit with a Keynote Address by Dr. The Hon. Navinchandra Ramgoolam, the Prime Minister of Mauritius. Themed, "New Markets and Frontiers for Islamic Finance: Innovation and the Regulatory Perimeter", the Summit 's proceedings was held on 21 and 22 May 2014 in Mauritius, and hosted by Bank of Mauritius. READ THE PRESS RELEASE HERE The Next Frontier for Islamic Finance: Africa Bank Negara Malaysia hosted a Business Forum entitled "Islamic Finance and African Infrastructure Development', in conjunction with the 11th IFSB Summit in Mauritius. The Forum attracted more than 120 delegates that comprised global financial, investment and business leaders from the African and Asian region as well as multi-national corporations from Mauritius. The Business Forum discussion was followed by an engaging Questions & Answers session. READ THE ARTICLE HERE Exclusive interview with the Business Forum moderator and panelists will be published in June. INCEIF Holds Its Second Knowledge Sharing Partner Session as Part of IFSB Pre-Summit Events The Global University of Islamic Finance held a masterclass for 75 top level executives attending the 11th Islamic Financial Services Board (IFSB) Summit held in the bay of Pointe Aux Piments. The Knowledge Sharing Partner Session by INCEIF is among the programmes realised under a strategic collaboration between INCEIF and IFSB and is aimed at encouraging knowledge-exchange initiatives among academics, policymakers and practitioners. READ THE ARTICLE HERE IFSB-IRTI Released the Mid-Term Review of the Ten-Year Framework and Strategies for Islamic Financial Services Industry Development The "Ten-Year Framework and Strategies for Islamic Financial Services Industry (IFSI) Development: A Mid Term Review", a document jointly published by the IFSB and Islamic Research and Training Institute (IRTI), the research arm of the Islamic Development Bank Group (IDB), was launched during an IFSB-IRTI Session on Mid-Term Review of the IFSI Development: Ten-Year Framework and Strategies held in Mauritius. READ THE PRESS RELEASE HERE
Please log on to www.mifc.com or call +603 26923481 for more information. Copyright © 2014 Bank Negara Malaysia. All rights reserved.
DISCLAIMER :The copyright and any other rights in the selection, coordination, arrangement and enhancement of the information in this electronic newsletter are owned by Bank Negara Malaysia. No part of this electronic newsletter may be modified, reproduced or published without prior permission in writing from Bank Negara Malaysia and the relevant copyright owner. Although every effort has been made to ensure the timeliness, accuracy, adequacy and completeness of this electronic newsletter, Bank Negara Malaysia accepts no responsibility or liability for errors or omissions, if any. The information contained in this electronic newsletter is only up-to-date at the time of transmission, and is not exhaustive and may be updated from time to time on the website: www.mifc.com. Bank Negara Malaysia shall not be liable for loss or damage caused by viruses transmitted by this electronic newsletter. Bank Negara Malaysia is not responsible for any unauthorised changes made to the information in this electronic newsletter or for the effect of such changes. Bank Negara Malaysia appreciates any feedback or suggestions for improvement.