UAE central bank Governor chairs Board Council meeting

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Abu Dhabi

The 38th Islamic Finance Services Board (IFSB) Council meeting held and discussed several topics including the IFSB policy transformation, human capital, its governance framework and economic and financial stability issues impacting Islamic finance and the measures taken by IFSB members to tackle the impact of the pandemic on their respective financial markets.

The meeting was chaired by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, attended by Governors and council members to discuss progress on the Islamic finance industry.

The meeting also aims at enhancing the prudential aspects of Islamic finance industry.—Gulf News