OIC-Stock Exchange Forum

The OIC Member States’ Stock Exchanges Forum was initiated with a decision taken in line with the request made by the Twentieth Session of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC) for launching a framework of cooperation among the OIC stock exchanges.

The First Forum Meeting was held in March 2005 in Istanbul by the Istanbul Stock Exchange (ISE), as mandated in the 20th meeting in November 2004 of the COMCEC, to enhance cooperation among the stock exchanges of the respective countries. The first Round-Table meeting on the promotion of cooperation among the OIC Member States’ Stock Exchanges, organised with this motivation was attended by the representatives of 11 OIC stock exchanges and the related 7 OIC institutions. The "OIC Member States’ Stock Exchanges Forum" was named at this first Round-Table meeting.

As a significant step in the progress of strengthening cooperation among the OIC stock exchanges, the formation of the OIC Member States’ Stock Exchanges Forum is an important milestone. It aims to provide a dedicated platform and communication channel for representatives of the relevant OIC organizations and institutions to discuss international cooperation activities and will offer participants the opportunity to share their experiences.

The Official Web Site of the Forum: http://www.oicexchanges.org
Planned / Implemented Meetings

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6th Meeting of the OIC Member States' Stock Exchanges Forum
Date : 26 September 2012 Venue : Istanbul Türkiye

The Sixth Meeting of the Organisation of Islamic Cooperation (OIC) Member States' Stock Exchanges Forum was held on 26th September 2012 in Istanbul, Turkey. The Meeting was hosted by the Istanbul Stock Exchange (ISE). Senior representatives of the stock exchanges and central depositories, registry and clearing institutions operating in OIC member countries, as well as the relevant OIC institutions, were among the attendees of the Meeting. SESRIC was represented at the Meeting by Mr. Nadi Serhan Aydin and Mr. Mustafa Sahin, Centre’s Researchers.
Launch of the S&P/OIC COMCEC 50 Shariah Index
Date : 22 June 2012 Venue : Istanbul Türkiye

S&P/OIC COMCEC 50 Shariah Index has been launched during a press conference held on 22 June 2012, in Istanbul, Turkey. The index has been designed by Standard & Poor’s (S&P) in partnership with the Organization of Islamic Cooperation (OIC) Stock Exchanges Forum. Mr. Mehmet Metin Eker, Director General of the COMCEC Coordination Office, and Mr. Vefahan Ocak, Director-General of the OIC Cabinet and Principal Advisor and representatives of the OIC Member States' Stock Exchanges, were present at the launch ceremony. The SESRIC was represented at the index inauguration by Mr. Nadi Serhan Aydin, the Centre’s Researcher.