Kuala Lumpur, Malaysia; Manama, Kingdom of Bahrain | General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions has organized its Members’ Strategic Session today in Kuala Lumpur, Malaysia.
Bank Muamalat Malaysia Berhad (BMMB) and the Association of Islamic Banking Institutions Malaysia (AIBIM) have kindly hosted CIBAFI’s Members’ Strategic Session with its members and stakeholders in Malaysia. The Session was opened by Dato' Hj. Mohd Redza Shah Abdul Wahid, CEO of Bank Muamalat Malaysia Berhad and President of AIBIM. This was followed by an update on activities of CIBAFI by Mr. Abdelilah Belatik, Secretary General of CIBAFI. The Session has stemmed a rich discussion between CIBAFI and its members & industry stakeholders in Malaysia.
Speaking about importance of South East Asian region during the session Mr. Abdelilah Belatik, Secretary General of CIBAFI said: “Malaysia is playing a leading role in the Islamic financial services sector globally, we at CIBAFI are thus very much delighted to have Dato' Hj. Mohd Redza Shah Abdul Wahid, CEO of Bank Muamalat Malaysia Berhad and President of AIBIM, as a member of the Board of Directors of CIBAFI.”
Mr. Belatik added: “It is important for us to have the feedback from the industry in Malaysia, on our initiatives, to have stakeholder’s strategic advice. This will help us to remain focused and relevant in our mission and priorities going forward”
CIBAFI’s Strategic Members’ Session in Malaysia was concluded by a Luncheon hosted by Bank Muamalat Malaysia Berhad (BMMB) and the Association of Islamic Banking Institutions Malaysia (AIBIM). CIBAFI is pleased to have had the opportunity to have this session in Kuala Lumpur today, and the support it received from local stakeholders. CIBAFI will continue its regular dialogue with the industry and regulators, in order to remain relevant with the fast speed changing industry we operate in.
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About the General Council for Islamic Banks and Financial Institutions (CIBAFI)
CIBAFI is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC). CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With over 120 members from 32 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.
For more information about CIBAFI, please visit www.CIBAFI.org
Tel: +973 17357300 Email: media@cibafi.org
© Press Release 2017
