The Council's activities are aimed at developing international standards for the regulation and supervision of Islamic financial institutions, to implement effective corporate governance and risk management mechanisms, as well as to conduct research and capacity building of the staff in this field, and to assist member organisations in these matters.
Membership in this organization will enable the Central Bank to explore the experience of other countries and implement best international practices
in the regulation and supervision of Islamic financial institutions.
For reference: The Council was established in 2002 and is headquartered in Kuala Lumpur (Malaysia). Currently, the Council has 188 members, including 81 regulators and supervisors, 10 international intergovernmental organisations, 97 market participants. Also, the financial regulators of Kazakhstan, Kyrgyzstan and Tajikistan are members of the Council.
The International Pilgrimage Tourism Week is dedicated to the scientific and spiritual heritage of such representatives of the Islamic world as Abu Hafs Kabir Bukhari, Sayf al-Din Bakharzi, Abdulkholik Gijduvani, and Bahauddin Naqshband. Bukhara, among the famous seven cities such as Makkah, Madinah, Mazar-i-Sharif, Jerusalem, Baghdad, and Damascus, once again demonstrates itself as a city that has made an invaluable contribution to the glory of Islam.
To ensure the implementation of reforms in the tourism sector, in particular the further development of pilgrimage tourism, practical work is being carried out in Uzbekistan to establish the Golden Ring tourist route, increase air routes between Muslim countries, and build large hotels, tourist centers, and restaurants with the participation of investors.
Bukhara, the pearl of Islamic civilization, will host events and conferences during the International Pilgrimage Tourism Week.