Sunday, March 16, 2008

Bankers probe finance issues

MANAMA: A total of 60 senior bankers from Bahrain, the GCC, Malaysia and Indonesia took part in a two-day seminar on corporate governance issues in Islamic finance.

The event was held at the Regency InterContinental.

The event was organised by the Islamic Financial Services Board (IFSB), the World Bank corporate governance departments and the Global Corporate Governance Forum and hosted by the Central Bank of Bahrain.

"The IFSB has drafted a series of principles on Islamic finance and this event was designed to raise awareness of these issues," said Global Corporate Governance Forum senior projects officer Eugene Spiro.

"We will be following this up with further seminars dedicated to raising awareness and to provoke discussion and debate on governance."