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 latest group of Uzbek pilgrims is performing their acts of worship in Makkah al-Mukarramah, including the Tawaf (circumambulation) of the Kaaba, as well as the five daily prayers and voluntary (nafl) prayers.
They also visited several sacred sites such as Mount Arafat, Mount Nur, Mount Thawr, and the blessed valleys of Mina and Muzdalifah.
During their stay in Madinah al-Munawwarah, the pilgrims visited the Rawdah, Mount Uhud, and the Quba Mosque, and continue to perform their daily and optional prayers at Al-Masjid an-Nabawi.
Throughout the journey, Uzbek pilgrims have been treated with great respect and provided with comfortable accommodations — Pullman Zamzam Hotel (Madinah) and Al-Ayyam Elite Hotel (Makkah) offer excellent 5-star services to ensure a pleasant stay.
May Allah Almighty accept the worship and prayers of all the pilgrims and grant us the honor of making supplication beside His Sacred House.
Press Service of the Muslim Board of Uzbekistan