AMF hosts conference on financial soundness

 28 Feb 2017 - 22:37

The Peninsula

The Arab Monetary Fund (AMF) is organising a Conference on Soundness Indicators for Conventional and Islamic Finance, in cooperation with the International Monetary Fund and the Islamic Financial Services Board, in Abu Dhabi.
The two-day conference, opening today, will be attended by a number of senior officials representing the financial and banking institutions in the Arab countries, along with international experts from international frameworks concerned, including the European Central Bank, the Islamic Development Bank, and representatives from the International Monetary Fund and the Islamic Financial Services Board, QNA reported.
The conference will disucss how to take advantage of the financial soundness indicators in enhancing the overall prudential supervision of both conventional and Islamic financial institutions in the Arab countries, financial stability and total economy.
The conference also aims to encourage debate among the managers of financial stability, banking supervision on financial soundness indicators and the challenges facing the Arab countries.