IMF and Islamic organisation address market risks in Dubai conference

Middle East conference calls for stronger collaboration

At a conference in Dubai, Zeti Akhtar Aziz, chairperson of the Islamic Financial Services Board Council (IFSB), said the financial industry's trend for convergence, while increasing value for consumers, creates challenges for supervisors. He called for a common vision for the Islamic financial services industry through enhancing efforts of international co-operation and collaboration as well as developing a strong supervisory framework. He emphasised that the blurring of traditional sector