For example, profit-loss sharing portfolio may expose the bank from the loss incurred by the third party. Hence, Islamic financial institutions should adopt suitable global regulations and standards. It will create regulations uniformity that will spur harmonization and further integration of global Islamic finance. My third point will be about Islamic Financial Stability.
Central banks and regulators play a key role here, as a key foundation of that is an effective regulatory and supervisory framework, that supports confidence in the functioning of the financial system and markets.