However, I believe that these lessons are the ones of greatest relevance to the Islamic financial industry, and ones that it needs to give especially careful attention to in reforming its own practices.
As we celebrate GIFT today, it is important to recognise that its further growth will, inter alia, be predicated on the environment of domestic macro stability that we have achieved along several key areas over the last few years. We need to be ever vigilant to preserve and build upon what we have attained. Our credibility for sound macroeconomic management depends on it.