Noor Ahmad Agha, Governor of Da Afghanistan Bank, has traveled to Morocco at the head of a high-level delegation to participate in the annual meeting of the Islamic Financial Services Board (IFSB) in Rabat. This visit could be a beginning for strengthening Islamic financial relations and developing Islamic banking in the country.
Publish dateMonday 30 June 2025 - 12:23
Story Code : 320398
Afghan Voice Agency (AVA) - Kabul: On Sunday, June 29, Noor Ahmad Agha, Governor of Da Afghanistan Bank, left for Morocco at the head of a high-level official delegation to participate in the annual meeting of the Islamic Financial Services Board (IFSB).
The meeting, which will be held in Rabat in the first week of July, focuses on the expansion of the Islamic financial sector, banking transparency, financial stability and international cooperation.
The Central Bank's press office has announced in a press release that the presence of representatives of this institution at the IFSB meeting is an effective step for the growth of Islamic banking and strengthening relations with reputable Islamic financial institutions at the global level.
According to official sources, this trip can open a new chapter in the field of Islamic financial cooperation for the country and pave the way for the development of legitimate banking services in accordance with the principles of Sharia in the country.
Based on the announcement of the Central Bank, representatives of Islamic countries and central bank governors will also attend the meeting and share their important experiences in the field of Islamic banking with each other.
It was also said that the Afghan delegation can take effective steps to promote the Islamic banking system in the country by benefiting from the experiences of other Islamic countries.
The IFSB meeting is held every year with the participation of countries such as Malaysia, Indonesia, Qatar, Saudi Arabia, the Emirates, Pakistan, and representatives of global institutions such as the Islamic Development Bank and the International Monetary Fund. Afghanistan is an observer member of the IFSB and is making efforts to improve its status in this institution.
As the country strives to regain its place in the regional economy, participation in international forums such as the IFSB can be a valuable opportunity to enhance economic diplomacy. Islamic banking, as one of the latent capacities, can play an important role in providing domestic financing and attracting foreign capital; but this will require political will, structural reform, and training of specialists.
The meeting, which will be held in Rabat in the first week of July, focuses on the expansion of the Islamic financial sector, banking transparency, financial stability and international cooperation.
The Central Bank's press office has announced in a press release that the presence of representatives of this institution at the IFSB meeting is an effective step for the growth of Islamic banking and strengthening relations with reputable Islamic financial institutions at the global level.
According to official sources, this trip can open a new chapter in the field of Islamic financial cooperation for the country and pave the way for the development of legitimate banking services in accordance with the principles of Sharia in the country.
Based on the announcement of the Central Bank, representatives of Islamic countries and central bank governors will also attend the meeting and share their important experiences in the field of Islamic banking with each other.
It was also said that the Afghan delegation can take effective steps to promote the Islamic banking system in the country by benefiting from the experiences of other Islamic countries.
The IFSB meeting is held every year with the participation of countries such as Malaysia, Indonesia, Qatar, Saudi Arabia, the Emirates, Pakistan, and representatives of global institutions such as the Islamic Development Bank and the International Monetary Fund. Afghanistan is an observer member of the IFSB and is making efforts to improve its status in this institution.
As the country strives to regain its place in the regional economy, participation in international forums such as the IFSB can be a valuable opportunity to enhance economic diplomacy. Islamic banking, as one of the latent capacities, can play an important role in providing domestic financing and attracting foreign capital; but this will require political will, structural reform, and training of specialists.
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