Bank Negara Malaysia and Bank of Mauritius Signs MoU to Promote Mutual Co-Operation in Capacity Building

On 7 October 2010, Bank Negara Malaysia and Bank of Mauritius entered into a Memorandum of Understanding (MoU) to establish a collaborative framework aimed at enhancing mutual co-operation on capacity building and human capital development in the financial services industry, including in the area of Islamic financial services sector. The MoU was signed by Tan Sri Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia and H.E. Mr. Rundheersing Bheenick, Governor of Bank of Mauritius, during the IMF/World Bank Annual Meetings 2010 in Washington D.C.

In recognising the growth potential of Islamic finance and Malaysia's leading role as the centre for Islamic finance, this MoU will pave the way for both Malaysia and Mauritius to strengthen co-operation in the development of talent, expertise, business linkages and infrastructure support in Islamic finance.