Page 91 - KLIFF2022eBook

KLIFF 2022 PROGRAMME BOOK

PROMOTING RESILIENCE
PROMOTING RESILIENCE

AND STABILITY OF THE
AND STABILITY OF THE

ISLAMIC FINANCIAL
ISLAMIC FINANCIAL

SERVICES INDUSTRY
SERVICES INDUSTRY

The IFSB is an international standard-setting organisation which 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 Islamic
banking, Islamic capital market and Takāful. 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 Sharî'ah principles, and recommends them for adoption.

Be Our Member The IFSB Membership

Be part of a prestigious international organisation The IFSB has a diverse and unique membership of
with the broadest representation in the IFSI with international, regional and national organisations and
188 members from 81 regulatory and supervisory market players who share its objectives. The members
authorities, 10 international inter-governmental of the IFSB consist of regulatory and supervisory
organisations, and 97 market players (financial authorities, industry associations, international
institutions, professional firms, industry intergovernmental organisations and market players.
associations and stock exchanges) operating in This broad mix of stakeholders is the key strength of
57 jurisdictions as of June 2022. the organisation and strengthens its ability to deliver
quality standards and services to the industry. The
Development of IFSI diversity of experiences and viewpoints within the
Participate in the IFSB Working Groups, Task membership base (particularly on regulatory issues
Force and Closed-door discussions for the and concerns) is further promoted by collaboration
development of the IFSB prudential standards, e- and participation in various platforms organised by the
Workshops, Capacity Building Program, Train of IFSB, allowing the members to collaboratively promote
Trainer (ToT) Programme and others. the soundness and stability of the Islamic financial
Collaboration & Networking services industry.
Collaborate for events, research and publications, *The full information on IFSB membership is available on
the IFSB website.
access to materials of IFSB events and meetings
and other web-based services at the Members’
Zone of the IFSB website, and Participate in
IFSB’s Prudential and Structural Islamic Financial
Indicators (PSIFIs) Programme.

Contact us www.ifsb.org membership@ifsb.org

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