Manama: A major international forum on ways to combat terror financing will be held in Bahrain on Sunday.
The “Manama Meeting on Combating Funding Terrorism” will witness large-scale international participation from more than 30 countries as well as regional and international organisations, organisers said.
The experts will focus on ways of fighting the funding of terrorism all over the world in general, they added.
In September, Shaikh Khalid Bin Ahmad Al Khalifa, the foreign minister, said the fight against terrorist groups, particularly Daesh, required joint action at the regional and international level in the military, financial, and ideological areas.
He added that stopping the flow of financial resources to terrorists was crucial to defeating them and that Bahrain would put forward an initiative to step up the anti-funding fight.
“The Kingdom of Bahrain, as a long-standing Islamic and Conventional Financial Centre with a proven history of Combating the Financing of Terrorism (CFT) and money laundering, will host a high-level government conference to discuss ways of enhancing efforts to combat the funding of terrorist organisations both within and outside the Middle East and North Africa,” Shaikh Khalid said.
“The conference will be held during the first week of November in Manama with a view to agreeing a ‘road map/action plan’ on how to further combat terrorist financing to ensure that Mena financial institutions and charitable organisations are not used to channel funds to terrorists and other illegal activities,” he said at a UN Special Session on Iraq.
Shaikh Khalid insisted that Daesh “has become a serious regional and global concern after the terrorist group exhibited an appalling level of brutality and disregard for human life as demonstrated by the murders of journalists, aid workers, and countless Iraqi and Syrian civilians.”
“Our shared objective should be no less than the complete annihilation of this terrorist group,” he said.
