WB, IFSB, Turk­ish Trea­sur to hold joint con­fer­ence

Pakistan Observer - - ISLAMIC BANKING & FINANCE -

ANKARA—The World Bank Group (WBG), the Is­lamic Fi­nan­cial Ser­vices Board (IFSB), and the Un­der­sec­re­tariat of Trea­sury of the Republic of Turkey are jointly or­gan­is­ing a con­fer­ence on “Re­al­is­ing the Value Propo­si­tion of Taka­ful In­dus­try for a Sta­ble and In­clu­sive Fi­nan­cial Sys­tem” on May 30-31, 2016 in Is­tan­bul, Turkey. This Con­fer­ence aims to pro­vide a plat­form for global prac­ti­tion­ers and stake­hold­ers in Taka­ful (Is­lamic in­sur­ance) in­dus­try – in­clud­ing se­nior rep­re­sen­ta­tives of mul­ti­lat­eral de­vel­op­ment in­sti­tu­tions, in­sur­ance su­per­vi­sors, Taka­ful and ReTaka­ful un­der­tak­ings and aca­demics to dis­cuss se­lected emerg­ing is­sues. The de­lib­er­a­tions in the Con­fer­ence will cover re­cent out­look of the Taka­ful in­dus­try and its po­ten­tial in en­hanc­ing risk cov­er­age of house­holds and cor­po­rates, its role as a tool for fi­nan­cial in­clu­sion as well as sup­port­ing the growth of Is­lamic fi­nance in­dus­try glob­ally.—Agen­cies

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