Islamic Financial Services Board (IFSB) - Malaysia, Singapore and Hong Kong to advertise Islamic accounts initiatives in IFSB Amman Summit on 12 May

Kuala Lumpur, 24 April 2008 – Malaysia, Singapore and Hong Kong are accommodating in the Country Showcases which will be captivated above-mentioned to the 5th Islamic Financial Services Board (IFSB) Summit, on 12th May 2008 in Amman, Jordan. The Country Showcases are allotment of this anniversary Summit which is appointed to be on 13-14th May 2008. The Summit, that the Central Bank of Jordan is hosting, is captivated beneath the Royal Patronage of Her Majesty Queen Rania Al-Abdullah, and themed ‘Financial Globalisation and Islamic Financial Services’.

Professor Rifaat Ahmed Abdel Karim, IFSB’s Secretary General said, “This is our additional year of introducing the Country Showcases as a Pre Summit event. The IFSB is blessed to accommodate this belvedere for its affiliate countries to advertise their alone country initiatives and behavior on Islamic banking services. This is in band with the IFSB authorization to animate cooperation amidst its affiliate countries in developing the Islamic banking casework industry as a whole.”

The Country Showcases will run accordingly with addition Pre Summit event, namely a Public Hearing on two IFSB Exposure Drafts: 1) Governance for Islamic Collective Investment Schemes and 2) Capital Adequacy Requirements for Sukuk Securitisation and Real Estate Investment, which were issued in December 2007 for accessible appointment as allotment of the IFSB due action for advancing its standards and guidelines.

Participation in these Pre Summit contest is chargeless of charge. For allotment details, amuse appointment www.ifsbamman2008.com

For added Information, amuse contact:
Ms Farrah Aris
Email: farrah@ifsb.org
Tel: + 603 2698 4248 ext 116
Fax: + 603 2698 4280

Siham Ismail
Islamic Financial Services Board
Kuala Lumpur, Malaysia
Email: siham@ifsb.org
Tel: + 603 2698 4248 ext 119

About the Islamic Financial Services Board:
The IFSB is an all-embracing standard-setting organisation that promotes and enhances the acumen and adherence of the Islamic banking casework industry by arising all-around prudential standards and allegorical attempt for the industry, broadly authentic to cover banking, basic markets and allowance sectors.

The IFSB currently has 164 associates absolute 41 banking, balance and allowance authoritative and authoritative authorities, 6 all-embracing inter-governmental organisations and 117 bazaar players and able firms from over 31 jurisdictions.

For added advice about the IFSB, amuse appointment www.ifsb.org