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Welcoming remarks - Global Forum on Islamic Economics and Finance

· Abdul Rasheed Ghaffour, Governor of the Bank Negara Malaysia (Malaysia)

Summary written by Dark Majestic in its own words · topics: inflation and price stability, trade, fragmentation and geopolitics, growth, investment and productivity

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· Abdul Rasheed Ghaffour · Bank Negara Malaysia WikiWelcoming remarks - Global Forum on Islamic Economics and Finance

ContextWelcoming remarks by Abdul Rasheed Ghaffour, Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the Global Forum on Islamic Economics and Finance, Kuala Lumpur, 28 May 2024.

Why it mattersThe governor flags geopolitical escalation and inflation surprises as risks to markets.

Problems raised
  1. Geopolitical escalation could hit markets.
  2. Inflation surprises add volatility.
  3. Islamic finance needs growth.
Solutions proposed
  1. Host global Islamic finance discussions.
  2. Monitor downside risks.
  3. Advance Islamic economics.
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