CBB at Paris Islamic financial forum.Byline: Manama The Central Bank of Bahrain The Central Bank of Bahrain was established in 1973 as the Bahrain Monetary Agency, shortly after Bahrain gained its independence from the United Kingdom. As per Decree No. (CBB CBB Celebrity Big Brother CBB College van Beroep voor het Bedrijfsleven (Dutch) CBB Cattlemen's Beef Board CBB Coalition for Buzzards Bay CBB Could Be Better (visual effects) CBB Can't Be Bothered ) took part in the "3rd Islamic Financial Services Forum The Financial Services Forum is a non-partisan financial and economic policy organization comprised of the CEOs of 20 of the largest and most diversified financial services institutions doing business in the United States. : European Challenge," which was held recently at Paris. The one-day forum focused on the challenges in managing liquidity in the Islamic financial services industry, said a CBB press release. Several top officials from both the regional and international financial sector attended the event, which was jointly organized by the Islamic Financial Services Board (IFSB IFSB Islamic Financial Services Board (Malaysia) ) and the Financial Stability Institute (FSI) and hosted by the Banque de France Banque de France National bank of France, created in 1800 to restore confidence in the French banking system after the financial upheavals of the revolutionary period. Napoleon was one of its founding shareholders. . The CBB was represented at the event by Khalid Hamad, executive director, Banking Supervision, the release said. Discussions at the event focused on the risks associated with liquidity in the Islamic financial services industry; infrastructures for managing liquidity and its risks; legal, Shari'ah and regulatory issues in liquidity management, development of a liquidity management framework for the Islamic Financial services industry and a focused case study session highlighting approaches in selected countries. Hamad presented a case study representing Bahrain's experience on 'Islamic Financial Services Industry' IFSI IFSI Istituto di Fisica dello Spazio Interplanetario (Italy) IFSI Intelligence Fusion System Integrators liquidity management and the different approaches undertaken by the industry and the CBB which include the 'Bank's treasury management approach', the 'Central Bank's money market approach,' and finally the 'Regulatory approach.' The forum stressed the importance and the urgent need for an international framework on Money market for Islamic Banks, it added.- TradeArabioa News Service Copyright 2008 www.tradearabia.com Copyright 2009 Al Hilal Publishing & Marketing Group Provided by Syndigate.info an Albawaba.com company |
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