Friday 19 April 2024
 
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Islamic Financial Services Board

IFSB names 3 Gulf organisations as members

The Council of the Islamic Financial Services Board (IFSB) has given membership to eight organisations from across the globe including two from the UAE (Abu Dhabi Global Market and Tiybr Payments) and one from Saudi Arabia - Capital Market Autho

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Central Bank of Iraq gets IFSB membership

Malaysia-based Council of the Islamic Financial Services Board (IFSB) has approved the admission of seven organisations for IFSB membership including the Central Bank of Iraq which has been made a full member. IFSB serves as an in

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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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BIBF signs key Islamic finance deal with IFSB

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

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CBB chief to chair IFSB talks

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

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KFH-Bahrain support for key seminar

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

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Forum to spotlight Islamic finance role

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

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Westlaw, IFSB in Sharia law content deal

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. Westlaw

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