The 18th Meeting of the COMCEC Financial Cooperation Working Group was held on October 3th,2021, in a virtual-only format with the theme of “Standardization Efforts in Islamic Finance”.
The representatives of 16 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 Türkiye (TKBB), Public Oversight, Accounting, and Auditing Standards Authority of Türkiye (KGK), and COMCEC Coordination Office.
The Representatives of the Member States have shared their experiences, achievements, and challenges in improving the Standardization Efforts in Islamic Finance. The Meeting has also considered all case-country studies along with the final draft of the research report prepared on the said theme and participants formulated policy recommendations that will be submitted to the 38th COMCEC Ministerial Session.
For more information about the meeting, click on the links below: