Rasheed Mohammed Al Maraj: Supervising Islamic financial institutions – developments in Bahrain Speech by His Excellency Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain, at the 4th IFSB Summit, Session 1: An Overview on Alternative Regulatory Structures for Effective Supervision, Dubai, 15 May 2007. *  *  *  Your Excellencies, Ladies and Gentlemen: Good Morning.
The recent partial rebound in the price of crude oil has ameliorated some of the benefits arising from its earlier sharp decline. A further risk is a possible Grexit and other geopolitical risks. On the domestic front, growth continues to disappoint, and the medium term growth outlook is likely to be constrained due to the binding electricity constraints.