In this regard one significant example of recent past is the issuance of Shariah Governance Framework for Islamic banking institutions which has enhanced the earlier issued Shariah compliance regulations for the industry. Moreover, we are working on improving regulatory and legal infrastructure by providing a balanced tax regime, enhanced disclosure requirements, strengthening of insolvency framework and standardizing Page 3 of 6  practices.
By taking the advantage of having global audience here, I would suggest for a dialogue at global level for harmonization and standardization of practices all across Islamic finance industry.