The First meeting of ADFIMI Advisory Council took place in Girne, Turkish Republic of Northern Cyprus from 17 to 18 March 2008. The Council, after having adopted ‘Rules of Procedure’ has elected Tun Seri Dato’ Sri Dr.Zainul Ariff Hj.Hussaain, Chairman of Putra University, Malaysia as Chairman and Dr.Murat Yülek, CEO of PGlobal Ltd of Turkey as Vice Chairman for a two-year term. The Council has also adopted a set of recommendations for the Management Committee to be considered at their next meeting to be held in Jeddah in May 2008.