Aligned with its role as advocate of the Islamic Financial Services Industry, CIBAFI submitted recommendations in a form of a policy note to the B-20 Turkey Financing Growth Taskforce to facilitate SME financing and to improve global regulation of markets.
The B-20 group, a platform for business leaders from G-20 economies, has come up with the B-20 Turkey Financing Growth Taskforce in 2015, which is Co-chaired by Mr. Adnan Ahmed Yousif, President and Chief Executive of the Al Baraka Banking Group. The taskforce aims to improve and strengthen the current global financial architecture; increase and diversify the access to equity for small-to-medium enterprises (SMEs), and improve the financing structure of the corporate world towards a better balance of debt and equity financing.
CIBAFI Brief Policy Note
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