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Toukan highlights growing global role of Islamic financing system
19.10.2010
AMMAN (Petra) - Central Bank of Jordan (CBJ) Governor Umayya Toukan on Sunday stressed the importance of Islamic financing and its growing role in the global financial system.
AMMAN (Petra) - Central Bank of Jordan (CBJ) Governor Umayya Toukan on Sunday stressed the importance of Islamic financing and its growing role in the global financial system. In his address at the opening of a conference on “Islamic Financing: Structure and tools”, Toukan highlighted the steps to be taken to develop the Islamic financing system. He also shed light on monitoring criteria in Islamic banks and the extent of their conformity with international practices. The conference, which was held at the?Institute of Banking Studies, is organised by the CBJ, the Malaysian central bank and the Jeddah-based Islamic Development Bank. www.jordantimes.com
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Malaysia's fast-growing Islamic finance sector benefits not only the Muslim world but also non-Muslim countries, said former Prime Minister Tun Abdullah Ahmad Badawi. |
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