Speaking at his first overseas engagement since his appointment earlier in the year, the new governor of the Bahrain Monetary Agency (BMA), Rashid Mohamed Al Muraj, outlined Bahrain’s key role as a financial centre and regulator in the Middle East. Addressing an FT Business roundtable in London called Bahrain: New Opportunities, New Challenges, Mr Al Muraj examined Bahrain’s position in the Gulf and the expanding markets for Islamic banking, insurance and sukuk (Islamic bonds).
Bahrain’s legacy
