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Before I end my remarks, I would like to take this opportunity to highlight the importance of continuing a close and effective partnership in Islamic finance between Malaysia and the UK. Collaboration between financial centres in Islamic finance is an important part of the process  4  BIS Review 161/2010  that would contribute towards expanding global development of the industry. With London’s keen ambition to establish itself as the center in Islamic finance in Europe, there is certainly much room for cooperation between Kuala Lumpur and London. The importance of our relationship has been cemented not long ago with the signing of the Memorandum of Understanding between Bank Negara Malaysia and the UK Trade and Investment. Our strong collaborative endeavors are already visible in the area of education and capacity building, evidenced by the growing number of strategic alliances between several Malaysian and the UK education and training institutions in recent years. Several UK financial institutions have also successfully established presence through joint-venture with local partners in our takaful market. I am most hopeful that there will be more collaborative endeavors going forward to exploit the strength and synergies between the two centers, particularly in areas that will lead to enhancing the efficiency of Islamic finance and greater cross-border transactions. On that note, I wish all of you a successful Workshop. Thank you. BIS Review 161/2010  5