Islamic Financial Services Board (IFSB)
The Islamic Financial Services Board (IFSB), which is based in Kuala Lumpur, was officially inaugurated on 3 November 2002 and started operations on 10 March 2003. It serves as an international standard-setting body of regulatory and supervisory agencies that have vested interest in ensuring the soundness and stability of the Islamic financial services industry, which is defined broadly to include banking, capital market and insurance. In advancing this mission, the IFSB promotes the development of a prudent and transparent Islamic financial services industry through introducing new, or adapting existing international standards consistent with Shari'ah principles, and recommend them for adoption.
Regulatory gaps and rising demand fuel islamic banking boom in Asia
Regulatory gaps and rising demand fuel islamic banking boom in Asia
Asia’s Islamic banking sector is expanding rapidly.
Join the community
Thought Leadership Centre
Most Read
1. Top companies are looking for top talent — they’re looking for CTPs 2. CIMB names new growth markets, Singapore unit chief 3. ANZ to lay off 3,500 staff, reduce services contractors engagement 4. ANZ’s Markets MD Anshul Sidher departs from the bank 5. BofA: Firms want cross-border payments without tech headachesResource Center
Event News
Co-Written / Partner
Driving banking modernisation in Malaysia and Southeast Asia with Equinix
Discover how interconnected data centres are enabling banks to accelerate innovation, strengthen compliance, and achieve sustainable growth.
Commentary
Electronic trading proves its strength in times of volatility
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how