Feb 14 2012 |
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Malaysia and Republic of Turkey Confirm Participation in the IFSB Country Showcases
Kuala Lumpur, 14 February 2012 - The 9th Islamic Financial Services Board (IFSB) Summit, which is scheduled to be held on 15 - 17 May 2012, will commence with two Country Showcases and a Special Session on Promoting Financial Inclusion through Islamic Microfinance on 15 May 2012. Malaysia and Turkey have confirmed their participation in the Country Showcases. This 9th Summit, which is being hosted by the Central Bank of the Republic of Turkey, is themed, "Global Financial Reforms: The Changing Regulatory Model and Islamic Finance". It will be held at Swissôtel The Bosphorus Istanbul, Turkey.The Country Showcases aim to provide platforms for countries who wish to promote themselves as centres for Islamic finance. It also provides the IFSB members and members of the global financial community the opportunity to network while opening possibilities to potential investments and business partnerships. The two sessions will feature country presentations by Turkey and Malaysia respectively, and each presentation will be followed by a networking session. The Pre-Summit events will be followed by the main Summit on 16 and 17 May 2012. The IFSB will announce the list of confirmed chairpersons and speakers for the Summit in due course. More information on participation and registration of the 9th IFSB Summit can be found at its official website: http://www.ifsbistanbul2012.com.-Ends-
About the Islamic Financial Services Board (IFSB)
The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and coordinates initiatives on industry-related issues, as well as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works closely with relevant international, regional and national organisations, research/educational institutions and market players.
The members of the IFSB comprise regulatory and supervisory authorities, international inter-governmental organisations and market players, professional firms and industry associations.
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