CBO to Host Action Team of Islamic Financial Services Board.
Muscat, April 20 (ONA) ---- The Central Bank of Oman (CBO) will host during the period from April 21st - 23rd in Muscat the regular meetings of the three works teams from the Malaysia-based Islamic Financial Services Board (IFSB) namely the action team in charge of preparing the technical paper about the pressure test for the organisations that provide Islamic financial services, the action team on the guidelines for the disclosure requirements for the products of the Islamic capital markets, the action team on the guidelines for takaful re-insurance.
The meetings provide an opportunity to review the latest developments on the Islamic financial services and benefit from the expertise of the participating countries.
Since jointing in February 2002, the CBO takes part as an observer at the IFSB.
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