EVENTS - MIFC Newsletter - MIFC Business Seminar on Islamic finance in Istanbul

Tun Dr. Mahathir Projects Sustainable Future for Islamic Finance at MIFC Business Seminar on Islamic Finance in Istanbul

Tun Dr. Mahathir Mohamad, former Malaysian Prime Minister, has urged countries to resort more to using Islamic finance in the aftermath of the global financial crisis and stressed that the industry is here to stay and definitely has a future in the global financial system. Tun Dr. Mahathir was giving a Special Address on the theme "The Future of Islamic Finance - Creating Global Linkages and Connectivity to the Growth Real Economy to Promote Financial Stability, Economic Growth, Employment and Prosperity" at the opening session of the Business Seminar on Islamic Finance which was organised by Bank Negara Malaysia in support of the Malaysia International Islamic Financial Centre (MIFC) initiative from 28 to 29 September 2011 in Istanbul, Turkey. The Seminar was attended by H.E. Saipul Anuar Bin Abd Muin, Malaysian Ambassador to Turkey; Bank Negara Malaysia (BNM) Deputy Governor Muhammad bin Ibrahim; Dr Mustafa Ibrahim Turhan, and Dr Turalay Kenc, Deputy Governors of the Central Bank of Turkey; Yasar Yakis, former Foreign Minister of Turkey; senior representatives from the Securities Commission Malaysia, Labuan FSA and Bursa Malaysia; and of the Turkish Treasury, the Banking Regulation and Supervision Board of Turkey, Capital Markets Board of Turkey and the Istanbul Stock Exchange. Other participants included MIFC Community members and Turkish participation banks, corporates and academia. (source and full story)

EVENTS - Make Turkey Gateway To New Export Markets, Says Dr M

BERNAMA.COM - KUALA LUMPUR, Oct 4 (Bernama) -- Malaysia should consider Turkey as its gateway to new lucrative export markets, says former Prime Minister Tun Dr Mahathir Mohamad.

At the same time, Dr Mahathir said Malaysia should consider reducing its dependency on the US and EU export markets as economic crisis at home had affected both the US and EU's purchasing power. (source)

EVENTS - The Future of Islamic Finance "Creating Global Linkages and Connectivity to the Growth Real Economy to Promote Financial Stability Economic Growth, Employment and Prosperity" by Tun Mahathir bin Mohamad in Istanbul, Turkey

SPEECH BY
TUN DR MAHATHIR BIN MOHAMAD
IN ISTANBUL, TURKEY
0N 29 SEPTEMBER 2011THE FUTURE OF ISLAMIC FINANCE
“CREATING GLOBAL LINKAGES AND CONNECTIVITY TO THE REAL ECONOMY TO PROMOTE FINANCIAL STABILITY ECONOMIC GROWTH EMPLOYMENT AND PROSPERITY”

1. I would like to say thank you to the Malaysian central bank or Bank Negara Malaysia for this invitation to speak before this distinguished gathering of financial experts and others.  (source)

EVENTS - Deputy Governor's Opening Remarks at Business Seminar on Islamic Finance Istanbul : "Malaysia-Turkey Islamic Finance Cooperation: New Solution - Preferred Partner"

BNM.GOV.MY

Speaker : Dato' Muhammad bin Ibrahim Venue : Turkey Date : 29 September 2011 Language : English

I have the honour today to welcome distinguished guests to the Business Seminar organised by Bank Negara Malaysia, held in this beautiful and historic city of Istanbul. The theme "Malaysia and Turkey: The New Silk Route in Islamic Finance - Strategies for Collaboration, Cooperation and Smart Partnership" was chosen as a reflection of our desire to strengthen economic and business ties for the mutual benefits of both countries. The emergence of the 'Silk Route', a term coined by Governor Dr Zeti in 2006 opens up exciting prospects for countries and businesses. The new 'Silk Route' not only carries traditional trade of goods and services of old but also manufactured goods, technological innovation and know-how, portfolio flows, private equity investment and mobility of human capital and knowledge. Today, Islamic financial products and services are truly 'new' additions to this trade.  (source)

EVENTS - Islamic Banking Prevents Greed, Abuses, Says Dr Mahathir

BERNAMA.COM - KUALA LUMPUR, Sept 30 (Bernama) -- More countries may resort to Islamic banking systems and principles in order to prevent greed and abuses from taking over, says former Prime Minister Tun Dr Mahathir Mohamad.

He said Islamic banking should stay free from gambling and speculation, from the invention of financial products, and unlimited freedom to create money and leveraging, which had all contributed to the downfall of the riba-based financial system.  (source)

EVENTS - Bank Negara Malaysia held Islamic Finance Seminar with Turkish Financial Community

BNM.GOV.MY - Bank Negara Malaysia recently held a seminar on Islamic Finance in Istanbul, Turkey, in support of the Malaysia International Islamic Financial Centre (MIFC) initiative. Tun Dr Mahathir Mohamad, former Prime Minister of Malaysia delivered his Special Keynote Address at the event. The seminar was held from 28-29 September 2011. (source)

EVENTS - Bank Negara Malaysia - Business Seminar on Islamic Finance, 28-29 September 2011 Istanbul, Turkey

Bank Negara Malaysia (BNM) will be organising a business seminar at The Ritz Carlton in Istanbul, Turkey, from 28th to 29th September 2011. This business seminar is aimed at creating greater linkages between Malaysia and Turkey in the area of Islamic finance and increasing the level of business and financial transactions between the two countries. The main draw of the event is the Business Seminar on Islamic Finance on 29th September 2011 that will feature a special address by His Excellency Tun Dr. Mahathir Mohamad, Former Prime Minister of Malaysia. (source)