Zeti on ways to boost Islamic finance

THE collective efforts of all the relevant entities in the financial sector – the industry, the regulators, the market participants and the international community – need to be galvanized as a co-ordinated and concerted effort to maximise the potential for the Islamic financial services industry, said Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz.  

Presenting her paper at the Islamic Financial Services Board's interactive session on The Future Prospects of the Islamic Financial Services Industry in Bali on Wednesday, Zeti said 3 key areas in which greater attention was needed were accelerating the pace of financial innovation, strengthening risk management capabilities, and leveraging on IT.