Mr. Rasheed M. Al-Maraj, Governor of the Bahrain Monetary Agency (BMA), who is currently heading a delegation in Japan for a workshop on the development of Islamic banking in Bahrain, met today (12th June 2006) with his counterpart, Mr. Toshihko Fukui, the Governor of the Bank of Japan.
The meeting discussed the long relationship that ties the Bahrain financial sector with the Japanese financial institutions, with particular reference to the relationship between BMA and the Bank of Japan.
Mr. Al-Maraj expressed his appreciation to the Japanese financial institutions with the development of Bahrain as an international financial centre in the Gulf region, and the development of the Islamic Banking and Finance sector in particular, the topic covered by the workshop.
At the close of the meeting HE Mr. Fukui, Governor of the Bank of Japan expressed his thanks and appreciation to HE Mr. Al-Maraj for his visit to the Bank of Japan, showing his support to the development of Bahrain as an international financial centre and the role of the BMA in developing the Islamic Banking and Finance sector. He also expressed his appreciation to the role of the political leadership of the Kingdom of Bahrain and its concern and dedication to the development of the financial sector of the Kingdom.