EPICENTRE - 2014 - A Landmark Year for Global Islamic Finance Industry.

December 2014 / Rabiul Awal 1436H Islamic finance is gearing up to more sustainable growth trajectory amid more sophisticated regulatory framework and innovative products. The global Islamic finance industry has seen some key developments in 2014, as the industry achieved several milestones and continues to move towards greater sustainability and providing a wider range of financial services. OTHER HIGHLIGHTS: The Islamic Financial Services Board (IFSB) Admits Five Organisations into Its Membership The Council of the Islamic Financial Services Board (IFSB) has resolved to approve the applications of five financial institutions as Observer Members of the IFSB. The 25th Meeting of the IFSB Council was chaired by H.E. Yusof Abd Rahman, Managing Director, Autoriti Monetari Brunei Darussalam and attended by 15 governors and governors’ representatives from among the members of the Council, the President of the Islamic Development Bank and senior representatives of seven Full Members of the IFSB. READ MORE 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.