Uzbekistan, Malaysia join forces to advance Islamic finance regulation

A delegation from Uzbekistan held a meeting with the management of the Central Bank of Malaysia (Bank Negara Malaysia) and discussed key areas of cooperation in Islamic banking and financial regulation, Trend reports.

During the meeting, the sides exchanged insights on Bank Negara Malaysia’s experience in the licensing, supervision, and regulation of Islamic banks and financial institutions. Particular attention was given to the mechanisms used to ensure compliance with Shariah principles and effective liquidity management within the Islamic financial system.

Read more here