The CBB was recently honoured at the International Takaful Awards that took place as part of the 2nd International Takaful Summit in London. The CBB received an award for "Outstanding Contribution to the Takaful Industry" from The Middle East Business Forum.
Central Bank of Bahrain Governor Rasheed Al-Maraj says the "standardization" of Islamic Banking is a "major issue" that will help the growth of the industry if it is addressed.
There was more of an interactive feel to this year's GAIF conference. Panel discussions replaced speeches and the introduction of online surveys and remote voting devices helped gage response to key issues.