The Central Bank of Kuwait (CBK) will organize a workshop on Wednesday with the International Islamic Financial Market to consider the liquidity crisis in Islamic banks in addition to finding new investment alternatives, according to an official statement.

Rafael Nadal marries partner of 14 years, Xisca Perello
Rafael Nadal married his childhood sweetheart of 14 years, Xisca Perello, at a castle in Mallorca on Saturday. Nadal,…
6 | the publication reaches you by | Kuwait OnlineKuwait’s central bank said that this workshop comes as part of the social responsibility of the bank to enhance financial stability in the local market as well as developing national abilities in both economic and financial fields.
The central bank will also discuss the standards issued by the International Islamic Financial Market.
The sukuk market will be considered in the workshop; the central bank will discuss the market’s direction, development, and challenges based on both legal and Islamic laws, the governor of the CBK Mohammad Al Hashel said.
The International Islamic Financial Market was founded in April 2002 in Bahrain, with the goal of offering what Islamic banks need in terms of liquidity and Islamic banking products.

Boursa Kuwait announces net profit of KD 5.63 million for the period ended 30 June 2020
Against the backdrop of the unprecedented conditions brought on by the COVID-19 pandemic, Boursa Kuwait saw a net profit…
8 | the publication reaches you by | Kuwait OnlineKuwait Today Business Subscription
Category: #Business | 2018/10/16 latest update at 10:20 AM
Source : Zawya | Photocredit : Google