Going forward, the sustainability of Islamic Finance would rest in how the international community builds on the momentum achieved thus far. This would require (i)  Further deepening the efforts to enhance the legal and regulatory framework of Islamic finance consistent with the international practices.
We have not changed our monetary policy stance: we have maintained the present level of interest rates which is, in our view, appropriate; and we have not embarked on more ample liquidity conditions. Precisely in order to guarantee that the stance remains unaffected, we sterilise our interventions, as I have explained. The Securities Markets Programme should not be confused with quantitative easing.