14th Meeting of the COMCEC Financial Cooperation Working Group

The 14th Meeting of the COMCEC Financial Cooperation Working Group was held on September 15th, 2020, in a virtual-only format with the theme of “Improving Shariah Governance Framework in Islamic Finance”.

The representatives of 21 Member States, which have notified their focal points for the Financial Cooperation Working Group, attended the Meeting. The meeting was further attended by the representatives of the SESRIC, SMIIC, IsDB, CIBAFI, AAOIFI, OIC Exchanges Forum, COMCEC Capital Markets Regulators Forum, OIC-COMCEC Central Banks Forum, Participation Banks Association of Turkey (TKBB) and COMCEC Coordination Office.

The Representatives of the Member States have shared their experiences, achievements and challenges on improving shariah governance framework in Islamic finance in their respective countries. The Meeting has considered the Study “Improving the Shariah Governance Framework in Islamic Finance” commissioned by the COMCEC Coordination Office.