Kuwait Finance House (KFH), represented by a high-level delegation headed by the CEO Mohammad Al-Omar is participating in the meetings of the International Monetary Fund and the World Bank that will be held in Washington.
Al-Omar said in a press statement that KFH is keen on participating in these meetings on an annual basis as they are the most important and most prominent economic and financial forums that combine the leaders of the banking business and senior government officials worldwide where they address financial and economic development issues. These meetings discuss extensively the conditions in different markets and in all fields with the presence of elite businessmen which makes the event more significant with a considerable momentum; especially that all participants play a key role in the decision making in their countries.
Al-Omar added that meetings atmospheres give the opportunity to identify the latest developments in the global economy and its impact on countries in the region. In addition, they display the developments and contributions of Islamic economy in the movement of the global economy and the definition of its activities through meetings with officials and executives of corporations, institutions and major global entities.
It’s worth mentioning that KFH organized meetings during the previous sessions to stress the role of Islamic financial services industry and its capabilities as a strategic alternative in the global economy. In addition, to open a space in front of joint projects and pave the way to coordination and cooperation with regulatory and supervisory bodies concerned with Islamic banking, IMF and World Bank.
KFH’s delegation will participate in this major annual festival with important topics like global economic issues, developments in the markets , the movement of capital ,and economic cooperation between the countries in which it operates and the Gulf Cooperation Council GCC , as the largest Islamic bank in the world and captures rich experience and vision.
KFH is keen to be present in such conferences in an effective and positive way. Moreover, it struggles to clarify the Islamic banking perspective in many of the issues and the discussions that take place as it is pioneering Islamic financial institution, and as it is applauded by international banks and organizations, not to mention international bodies’ officials.
*This article was published by CPI Financial. Read the original article here.
