Should stability and consumer protection be the sole objectives of our regulation, with other instruments being deployed to achieve equity? Or should equity be a variable in the objective function of regulation? 50. To seek answers, we must ask a variant of the above questions. Is the financial sector inherently equity promoting, or at least equity neutral?
On behalf of the Central Bank of Bahrain, may I welcome you all to the Inaugural Plenary Session of today’s conference. May I take this opportunity to thank the sponsors and organisers of this Conference which this year concentrates on the mechanisms to encourage the growth of the Islamic banking industry whilst containing its risks.