COMCEC Financial Outlook 2018
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3.1.3 Visibility of Financial Markets
Financial visibility is an important criteria for attracting more FDI and capital flows as well as
the deepening of the markets. In this regard, COMCEC will help to enhance the visibility of
financial markets in the member countries. As for the Visibility of Financial Markets, the
expected outcomes introduced by the Strategy are as follows:
Enhanced awareness on Islamic financial markets,
Increased issuance and listing of securities,
Attracted foreign investment.
3.1.4 Training, R&D Activities and Statistics
The lack of sound statistical capacity as well as the lack of diversified products mainly because
of the limited R&D activities are the main challenges for the OIC Member States. In this
framework, COMCEC attaches great importance to training and R&D activities to improve
human capital in its member countries for a sustainable economic growth. COMCEC also assists
the OIC Member States in monitoring their financial markets and financial institutions to ensure
their efficiency and stability. The expected outcomes of the Strategy concerning this Output Area
are:
Enhanced diversification and variety of financial products,
Developed platforms for payment and settlement systems and post trade services,
Developed human resources and increased financial literacy,
Reliable and consistent financial system database and creation of indicators of
financially sound systems,
Enhanced monitoring of financial institutions and markets.