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.
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
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
The Bahrain Institute for Banking and Finance (BIBF) has signed a key memorandum of understanding (MoU) aimed at international co-operation with the Islamic Financial Services Board (IFSB).
It was signed in the presence of BIBF director Ga
Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj will chair the annual meeting of the Islamic Financial Services Board (IFSB) in Malaysia.
The two-day session that opens on Wednesday in Kuala Lumpur will review IFSB periodic work s
Kuwait Finance House-Bahrain is set to support the Islamic Financial Services Board (IFSB) seminar in Bahrain.
The event will be held on Sunday at the Ritz-Carlton Bahrain Hotel and Spa.
Titled 'Business Models in Islamic Finan
The important role of the Islamic finance industry in the global economy will be the focus of a major conference to be held in Bahrain next month.
More than 200 international delegates are expected to take part in the seventh Islamic Finan
Westlaw Business and the Islamic Financial Services Board (IFSB) has announced an agreement to provide global business law professionals with IFSB’s unique direction on Sharia law within the Westlaw Business Islamic Finance Centre.
Hamad Al Sayari, governor of the Saudi Arabian Monetary Agency (Sama), assumed chairmanship of the council and general assembly of the Islamic Financial Services Board (IFSB) for 2009.
Dr Sabir Mohamed Hassan, governor of the Central Bank
The Islamic Financial Services Board (IFSB) and the Hong Kong Monetary Authority (HKMA) are jointly organising a seminar on Islamic finance.
The seminar, to be held on January 15 and 16, 2008, in Kuala Lumpur, hopes to enhance awareness an