3 Importantly, contrary to what is sometimes asserted, all of the Fed’s financial transactions and operations are subject to regular, intensive audits – by the Government Accountability Office, an independent Inspector General, and a private accounting firm, as well as by our  from semiannual to quarterly frequency, (2) the addition of projections for overall inflation (projections of nominal GDP growth were dropped), (3) the extension by two years of the projection horizon, (4) the inclusion of participants’ views about the risks to and the uncertainty surrounding the outlook for each projected variable, (5) the inclusion of the full distribution of participants’ projections, not just the range and central tendency, and 6) a write-up of the rationales provided by participants for their projections.
We can now boast of having a full-fledged Shariah-compliant financial infrastructure, thanks to the effort of Nathif Adam. Ladies and Gentlemen: Kenya has not been left behind in the world-wide phenomenal growth of Shariah-compliant finance and banking and huge gains have been made since its inception.