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PREFACE
The COMCEC Outlooks are prepared in each cooperation area the COMCEC Strategy with a view
to exploring the global trends and the current situation in the OIC Member Countries in the
respective area and enriching the discussions during theWorking Groups Meetings by providing
up-to-date data.
The COMCEC Financial Outlook 2019 is prepared by Cezmi ONAT and Dr. Mücahit ÖZDEMİR to
present a general outlook of the financial system of the OIC Member Countries highlighting the
potential areas for cooperation as well as evaluating the recent developments in the global
economic and financial system.
Views and opinions expressed in the report are solely those of the author and do not represent
the official views of the COMCEC Coordination Office or the Member States of the Organization
of Islamic Cooperation. The final version of the report is available on the COMCEC website.1 The
designations employed and the presentation of the material in this publication do not imply the
expression of any opinion whatsoever on the part of the COMCEC/CCO concerning the legal
status of any country, territory, city or area, or of its authorities, or concerning the delimitation
of its political regime or frontiers or boundaries. Designations such as “developed,”
“industrialized” and “developing” are intended for statistical convenience and do not necessarily
express a judgment about the state reached by a particular country or area in the development
process.
Excerpts from the report can be made as long as references are provided. All intellectual and
industrial property rights for the report belong to the COMCEC Coordination Office. This report
is for individual use and it shall not be used for commercial purposes. Except for purposes of
individual use, this outlook shall not be reproduced in any form or by any means, electronic or
mechanical, including printing, photocopying, CD recording, or by any physical or electronic
reproduction system, or translated and provided to the access of any subscriber through
electronic means for commercial purposes without the permission of the COMCEC Coordination
Office.
1 E-book