Thursday 23 October 2014
 
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IFSB

IFSB–BIBF to debut ‘Islamic Finance Executive Programme’

The Islamic Financial Services Board (IFSB) and the Bahrain Institute of Banking and Finance (BIBF) are set to debut their joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series next month. The series, under the theme &

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IFSB- FSI organise seminar on liquidity risk in Doha

A major conference on the liquidity risk in the banking sector is set to take place in Doha in October. A seminar on liquidity risk in Islamic and conventional banks will be organised by the Islamic Financial Services Board (IFSB) and t

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Islamic finance body to issue guidelines on sukuk

The Malaysia-based Islamic Financial Services Board (IFSB) will issue draft guidance by year-end on how Islamic banks, which face a lack of short-term funding instruments, can use sukuk as a key tool for meeting the liquidity requirements of Bas

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IFSB issues draft standards on capital adequacy

The Islamic Financial Services Board (IFSB) released new draft guidelines on capital adequacy for Islamic banks and the risk management of takaful (Islamic insurance) companies, the industry body said in a statement on Thursday. T

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IFSB to revise capital adequacy guidelines

The Kuala Lumpur-based Islamic Financial Services Board (IFSB) plans to revise its capital adequacy guidelines for Islamic financial institutions, with a draft to be released in November for industry feedback. The IFSB sets global

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ISFB, ADB team up for Islamic finance

The Islamic Financial Services Board (IFSB) and the Asian Development Bank (ADB) have signed an agreement to promote the development of Islamic finance in common developing member countries. “The importance of Islamic finance in t

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IFSB drafts hearing date set

The Islamic Financial Services Board (IFSB) is inviting the Islamic financial community and interested parties to attend its second public hearing for the IFSB Exposure Drafts (ED) 12 and 13. The hearing will be held on December 14 at the

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Islamic body to revamp rules to fit Basel III

The Islamic Financial  Services Board, an association of regulators in Muslim  countries, will revise its rules next year to enhance sharia  banks' capital in line with Basel III reforms, its  secretary-general said.

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Deal to set up Islamic liquidity managament unit

Articles of agreement for the establishment of the International Islamic liquidity management corporation (IILM) was signed at a major event in Kuala Lumpur recently. Eleven central banks and two multilateral organisations participated in

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Financial sector facing impact of global crisis

As the dust settles after the financial crisis it has become increasingly clear that there will be no return to business as usual for the financial industry, said a top government official. Rasheed Al Maraj, Governor of Central Bank of Bah

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