32^nd ADFIMI GENERAL ASSEMBLY

JAKARTA, INDONESIA, 15 May 2016

Having the quorum the Chairman, Mr. Mehmet Emin Özcan, called the meeting to order.

Following the approval of the Minutes and Resolutions of the 31^st General Assembly, report of the Secretary General, Mr. Nuri Birtek, was presented which covered the programmes and events since the previous General Assembly.

Afterwards, the 32^nd General Assembly (GA) went on to consider the recommendations of the Management Committee and unanimously agreed to:

• Terminate memberships of four members according to the Article 7.1 of the Constitutions, as they defaulted on their subscription fees for over four years;

• Acknowledge the membership of Ziraat Participation Bank of Turkey;

• Rotation of the Management Committee (MC) as follows:

1. Bank Rakyat Malaysia be replaced by Bank Pembangunan of Malaysia;
2. Halk Bank of Turkey be replaced by Ziraat Participation Bank of Turkey and
3. Bank Industry and Mine of Iran be replaced by Bank Keshavarzi of Iran

• Select KADIOĞLU Certified Public Accountants to audit the ADFIMI’s 2016 accounts;

• Accept External Audit report for 2015 accounts;

• Accept Audit report of 2015 of the ADFIMI Audit Board;

• Approve the Financial Results for 2015, First Quarter results for 2016, Revised Budget for 2016, Budget 2017, 2015 Financial Results for WFDFI, subscription fee collections as of end of 2015 and as of 06 May 2016.