Rasheed Mohammed Al Maraj: Corporate governance and Shari’a compliance in Bahrain Welcome speech by His Excellency Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, at the AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) Annual Shari’a Conference, Manama, 7 May 2012.
And as we move further into restrictive territory, we need to pay close attention to two dimensions of our policy. First, our actions on the “level” of rates, and second, our communication on future decisions and how that is influencing the expected “length” of time that rates will remain at that level. The Governing Council has provided orientation on both dimensions.