Showing posts with label al baker. Show all posts
Showing posts with label al baker. Show all posts

Tuesday, May 15, 2012

BAHRAIN - SPEECHES - Indonesia - Bahrain: Exploring Smart Partnership on Islamic Banking and Finance

www.bma.gov.bh - Indonesia -  Bahrain: Exploring Smart Partnership on Islamic Banking and Finance

Manama, Bahrain: 14th May 2012

Opening Address by: Mr. A. Rahman Al-Baker, Executive Director of Financial Institutions Supervision, Central Bank of Bahrain

Your Excellencies, distinguished guests, ladies and gentlemen - Good Morning.

Central Bank of BahrainI am honoured to be here today to speak to you at this seminar in a spirit of partnership and brotherhood. Our two nations are both very similar and yet hugely different. We are both identified as Muslim nations, and yet we both have other religious groups existing alongside the Muslim majority. Indonesia is a vast nation, with a population in excess of 238 million people, whilst Bahrain has a population of only just over 1 million people. Indonesia is a founder member of ASEAN (the Association of Southeast Asian Nations), as Bahrain is a founder member of the GCC. These are both major economic blocs within their regions. Within ASEAN, Indonesia is the largest country by population and GDP. Within the GCC, Bahrain is the home of modern Islamic banking and finance. (source)