Bank Negara Malaysia governor Dr Zeti Akhtar Aziz was honoured with the Lifetime Achievement Award on Tuesday at the Annual Islamic Business and Finance Awards held in Dubai.
In her acceptance remarks, she said Islamic finance is one of the fastest growing segments in the global financial system.
"The industry remained resilient during the recent global financial crisis. It has continued to be competitive, providing financial products and services, to changing requirements of businesses and investors," she added.
She also said, in a now more challenging and competitive environment, the future of Islamic finance will depend on the innovation capabilities and the investment in talent development for the industry.
"This agenda will be the key to ensuring its continued growth and sustainability," Zeti explained.
The text of her acceptance remarks was made available here today.
"We have come a long way in bringing the industry to where it is today.
"In advancing the industry, it will be these continued collaborative efforts of the industry and the authorities, that will contribute towards shaping Islamic finance.
"In so doing, it will also enhance its potential role to contribute to global growth and financial stability," she highlighted.
The Islamic Business and Finance Awards, now in its fifth year, is considered one of the most prominent events in the finance industry throughout the Gulf region.
The annual ceremony is designed to highlight, encourage and reward the exceptional performance and growth of Islamic business and the finance community.
The awards are also now widely considered a benchmark of excellence in the industry.
In her acceptance remarks, she said Islamic finance is one of the fastest growing segments in the global financial system.
"The industry remained resilient during the recent global financial crisis. It has continued to be competitive, providing financial products and services, to changing requirements of businesses and investors," she added.
She also said, in a now more challenging and competitive environment, the future of Islamic finance will depend on the innovation capabilities and the investment in talent development for the industry.
"This agenda will be the key to ensuring its continued growth and sustainability," Zeti explained.
The text of her acceptance remarks was made available here today.
"We have come a long way in bringing the industry to where it is today.
"In advancing the industry, it will be these continued collaborative efforts of the industry and the authorities, that will contribute towards shaping Islamic finance.
"In so doing, it will also enhance its potential role to contribute to global growth and financial stability," she highlighted.
The Islamic Business and Finance Awards, now in its fifth year, is considered one of the most prominent events in the finance industry throughout the Gulf region.
The annual ceremony is designed to highlight, encourage and reward the exceptional performance and growth of Islamic business and the finance community.
The awards are also now widely considered a benchmark of excellence in the industry.
Source - Bernama
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