epicentre August 2013 / Syawal 1434H
Islamic financial institutions receive timely support for the creation of a robust global cross-border market for Islamic financial instruments with the introduction of an A-1 short-term sukuk by the International Islamic Liquidity Management Corporation (IILM).

The short-term IILM sukuk will complement the currently available long-term and medium-term sukuk for Islamic commercial banks, currently facing a lack of adequate short-term Shariah-compliant money-market instruments for liquidity management. IILM short-term sukuk should also help promote more efficient pricing of Islamic capital market products.
Other Highlights:
Governor's speech at the Asian Institute of Finance International Symposium 2013: "Changing Face of Talent"
At the recent AIF International Symposium 2013, Governor Zeti briefly discussed the fundamental changes that are affecting the financial and economic landscape and their implications for talent requirements.
Strengthening Co-operation between Bank Negara Malaysia and the Hong Kong Monetary Authority
Bank Negara Malaysia (BNM) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Kuala Lumpur to discuss bilateral economic and financial issues and to consider initiatives that help promote financial market development in Malaysia and Hong Kong.
Malaysia's Islamic Finance Marketplace - Interviews On BFM Breakfast Grill
UK-based Gatehouse Bank's Chief Representative, Richard Thomas, spoke recently on BFM Breakfast Grill on developing the bank's Islamic finance business in Asia and the criteria for selecting Malaysia as the hub for its Asia business.
In a different interview, Daud Vicary, President and CEO, INCEIF, spoke on the human capital development for Islamic finance.
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