As a follow-up to their last year's decision to meet annually, the Governors of the Central Banks and Monetary Authorities of the Member States of the Organization of Islamic Conference (OIC), have held a meeting in Istanbul, Turkey, under the theme:"Payments Systems and Capacity Building in OIC Member States”. The Meeting which was convened on September 27 by the Central Bank of Turkey and co-organized with SESRIC was officially opened by Durmus Yilmaz, Governor of the Central Bank of the Republic of Turkey, according to a press release issued by the OIC here yesterday. As many as 20 Governors of Central Banks and Monetary Authorities representing their countries, as well as OIC institutions attended the meeting. Prof. Ekmeleddin Ihsanoglu, Secretary General of the OIC, in his message delivered on his behalf by Cheikh Oumar T. Sow, Director General of the Economic Affairs Department, urged the Honorable Governors to foster and expand Islamic banking and financial instruments within the OIC Member States and worldwide, in order to promote the general welfare and collective prosperity of the Ummah. --MORE
