CBJ governor highlights bank’s role at Islamic financial forum

AMMAN — The 8th Edition of the International Annual Forum on Islamic Financial Industry on Monday started under the title “The Importance of Specialised Institutional Arbitration to support the Islamic Economy”, the Jordan News Agency, Petra, reported.

Maher Sheikh Hassan, Deputy governor of the Central Bank of Jordan, highlighted the bank’s role in issuing some instructions for Islamic banks to help in enhancing their business, while taking into account the privacy of Islamic banking.

Jasim Shamsi, chairman of the board of trustees of the International Islamic Centre for Reconciliation and Arbitration, said that the accelerating growth of the Islamic financial industry needs the appropriate legislative, regulatory and judicial framework to sustain growth and facilitate the work of Islamic financial institutions.