PUTRAJAYA, June 24 (Bernama) -- If Datuk Seri Abdullah Ahmad Badawi can have his way, perhaps the Organisation of Islamic Conference (OIC) would be able to place the world's 1.4 billion Muslims on the same footing as those in other successful regional groupings.
""It is critical for Muslim countries to give the highest priority to the knowledge and human capital development when addressing major challenges faced by them." "
-- Organisation of Islamic Conference Chairman Datuk Seri Abdullah Ahmad Badawi
PUTRAJAYA, June 24 -- TIRELESS MAN... President of Islamic Development Bank Dr Ahmed Mohamed Ali working tirelessly at the 30th Annual Meeting of Islamic Development Bank Board of Governors held at Putrajaya International Convention Centre here Friday. Dr Ahmed, 71, a Saudi born, held the presidency since the bank's inception in 1975. The meeting today has reappointed Dr Ahmed as IDB's president for another five years.
Bank Islam Malaysia Bhd started operations as Malaysia’s first Islamic bank in 1983. Set up with an initial authorised capital of RM500 million and a paid-up of RM 79.9 million, the bank has gradually increased its authorised and paid-up capital to RM2 billion and RM563 million respectively. The second full-fledged Islamic bank to be established in Malaysia was Bank Muamalat Malaysia Bhd, which started its operations in 1999.