THE the Governor of the Central Bank of Iraq participates in the World Forum of the Council of Islamic Banks

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May 03, 2018
HE the Governor of the Central Bank of Iraq participates in the World Forum of the Council of Islamic Banks

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, participated in the annual global forum of the General Council of Islamic Banks and Financial Institutions held in the Turkish capital of Istanbul from 2-3 / 5/2018. The forum will be on several sessions during the two days. How regulators remain relevant in a changing economic environment that includes many technological upheavals and developments, which raise many questions about the roles and presence of regulators in light of the turmoil in the financial sector.

The Governor also addressed the Islamic banking situation in Iraq and the great development that has taken place in this field especially in recent years in addition to the financial services offered by Islamic banking.

https://cbi.iq/news/view/688

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World Islamic Banks Conference to resume in Istanbul for second consecutive day
Arab and international


The World Conference of the General Council of Islamic Banks and Institutions (ICBC), with the participation of banking and financial leaders from around the world, resumed in Istanbul this morning

And participate in the meetings from Iraq, the President of the Central Bank of Iraq Ali Alaq, and the President of the Association of Iraqi private banks Wadih al-Hanal, in addition to a delegation of high-level banking representatives of a number of Iraqi banks

During the session, representatives of a number of participating banks from all over the world spoke about the experiences of the banks they represent in the use of smart phones and the Internet in banking transactions, with the widespread spread of these sophisticated means, and the expansion of the number of modern technology users

The speakers discussed the risks, disadvantages and advantages of dealing with customers through these means, especially in the field of electronic finance

The views of the participants in the discussions were divided between enthusiastic about the use of intelligent means of communication in the field of bank financing and wide, and conservative because of the spread of piracy and electronic attacks and the inability of Internet companies and communications via smart phones to provide protection and privacy for users of this technology.

http://economy-news.net/content.php?id=12170