23rd Meeting of the COMCEC Financial Cooperation Working Group

The 23rd Meeting of the COMCEC Financial Cooperation Working Group was held on 22 April 2025, in a virtual-only format, with the theme of “Promoting Sustainable and Environmentally Friendly Islamic Financial Instruments to Combat the Adverse Effects of Climate Change and Natural Disasters in the OIC Member Countries.”

The representatives of 21 Member States, which have notified their focal points for the Financial Cooperation Working Group, attended the Meeting. The meeting was further attended by the representatives of the SESRIC, IsDB, CIBAFI, IFSB, OIC Exchanges Forum, COMCEC Capital Markets Regulators Forum, OIC-COMCEC Central Banks Forum, OIC General Secretariat and COMCEC Coordination Office.

Experts from the Member Countries, international institutions and private sector have shared their experiences, successful practices, and challenges in this field.

The preliminary findings of the research report being prepared on the theme of the meeting have been shared with the participants. A presentation on Indonesia as one of the selected case-country studies has also been delivered at this Meeting. The final version of the report will be submitted to the 24th Meeting of the Financial Cooperation Working Group on 17-18 September 2025.

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24th Meeting of COMCEC Agriculture Working Group

The 24th Meeting of the COMCEC Agriculture Working Group (TWG) was held on 22 April 2025, in virtual-only format, with the theme “Strengthening the Resilience of Family Farmers and Small-Scale Producers in the Agriculture and Food Sector in OIC Member Countries” with the participation of the OIC Member Countries and International Institutions.

During the meeting, experiences on strengthening the resilience in the OIC Member Countries and the examples of good practices were shared and common challenges were addressed. The meeting also discussed how to further enhance efforts to develop or improve strengthening the resilience. On the other hand, the participants were also briefed on the first draft of the Research Report prepared in line with the theme of the meeting.

For further information on the Meeting, follow the links below:

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24th Meeting of COMCEC Trade Working Group

The 24th Meeting of the COMCEC Trade Working Group (TWG) was held on 21 April 2025, in virtual-only format, with the theme “Developing/Improving Export Strategies in the OIC Member Countries” with the participation of the OIC Member Countries, International Institutions and Private Sector.

During the meeting, experiences on export strategies in the OIC Member Countries and the examples of good practices were shared and common challenges were addressed. The meeting also discussed how to further enhance efforts to develop or improve export strategies. On the other hand, the participants were also briefed on the first draft of the Policy Guide prepared in line with the theme of the meeting.

For further information on the Meeting, follow the links below:

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The 24th Meeting of the COMCEC Tourism Working Group

The 24th Meeting of the COMCEC Tourism Working Group (TWG) was held on April 21st, 2025 in a virtual-only format, with the theme “Improving the Quality and Sustainability of Heritage Tourism in OIC Countries” with the participation of the OIC Member Countries and International Institutions.

During the Meeting, the current status of cultural heritage tourism in the Islamic Countries, experiences, good practices and challenges encountered in the development and sustainability of heritage tourism in the Member Countries have been discussed. Besides, the participants have been informed on the first draft of the report prepared by the COMCEC Coordination Office on the subject and their observations have been taken.

For further information on the Meeting, follow the links below:

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An online training program on the implementation process of the projects under the COMCEC Project Funding was held on April 8th, 2025

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Eid-al-Fitr Mubarak!

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Ramadan Kareem

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The final-list of the Twelfth Call for Project Proposals of COMCEC Project Funding has been announced

The final-list of the Twelfth Call for Project Proposals of COMCEC Project Funding has been announced.

COMCEC Coordination Office will contact the project owner whose projects are successful in the coming days. The details are in the Project Management Information System. To access the system, please click https://project.comcec.org/ 

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The short-list of the Twelfth Call for Project Proposals of COMCEC Project Funding has been announced

The short-list of the Twelfth Call for Project Proposals of COMCEC Project Funding has been announced.

COMCEC Coordination Office will contact the focal points whose projects are short-listed in the coming days. The details are in the Project Management Information System. To access the system, please click https://project.comcec.org/ 

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40th Ministerial Session of the COMCEC

The 40th Ministerial Meeting of the COMCEC was held under the auspices of H.E. Recep Tayyip ERDOĞAN, President of the Republic of Türkiye, on 4-5 November 2024 with the participation of over 500 delegates, 36 of which were Ministers and Deputy Ministers from 45 OIC Member Countries, and 24 international organizations. Throughout the meeting, about 50 bilateral talks were carried out between Member Countries, international organizations and private sector representatives.

The Ministerial Meeting commenced on 4 November 2024 with the opening speech of the H.E. Recep Tayyip ERDOĞAN, President of the Republic of Türkiye. Following His Excellency President, respectively, OIC Secretary General Hissein Brahim Taha and the Heads of Delegation of Qatar, the Gambia and Malaysia on behalf of the three geographical regions of the Organization of Islamic Cooperation delivered their speeches. In addition, the Chairman of the Islamic Development Bank, H.E. Muhammad Sulaiman Al Jasser, H.E. Abdullah bin Saleh KAMEL, the President of the Islamic Chamber of Commerce and Development (ICCD) and Mr. Rifat HİSARCIKLIOĞLU, President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) and the Vice-President of the Islamic Chamber of Commerce and Development (ICCD) made their speeches during the opening session.

The theme of this year’s COMCEC Ministerial Exchange of Views Session was determined as “Digital Transformation of Payment Systems in OIC Member Countries” in order to share experiences and discuss cooperation opportunities among Member Countries.

During the COMCEC Ministerial Exchange of Views Session, Dr. Abdelilah BELATIK, Secretary General at the General Council for Islamic Banks and Financial Institutions (CIBAFI), delivered a keynote speech on recent trends in digital payment systems.

In the Ministerial Exchange Session, chaired by H.E. Vice President Mr. Cevdet YILMAZ, the Ministers and Heads of Delegations of the Member Countries made statements and interventions on their country experiences with respect to the theme of the Ministerial Exchange of Views Session. 

In this respect, the Honorable Ministers and Heads of Delegations emphasized the actions taken to address the main challenges faced by the Member Countries in digital payment systems as well as their efforts to strengthen the necessary technical infrastructure in this domain. They also stressed that cooperation in the field of digital payment systems would make a great contribution to achieving considerable progress in this crucial field.

Click here to access the Report and Resolutions of the Session as well as other documents submitted to the Session.

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