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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.

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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.

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E-book

: http://ebook.comcec.org