Course
IFSB-10: Guiding Principles on Sharî`ah Governance Systems for IIFS
Governance
IFSB-10: Guiding Principles on Sharî`ah Governance Systems for IIFS
IFSB-10: Guiding Principles on Sharī`ah Governance Systems includes the components of a sound Sharī`ah governance system especially with regards to the competence, independence, confidentiality and consistency of the Sharī`ah boards.
IFSB-14: Standard on Risk Management for Takāful Undertakings
Risk Management
IFSB-14: Standard on Risk Management for Takāful Undertakings
IFSB-14: Risk Management for Takāful Undertakings will discuss minimum standards to be applied to the Takāful industry, in parallel with perspectives set out by the IAIS, in order to bring the Takāful industry to the desired level of effective...
IFSB-15: Revised Capital Adequacy Standard for IIFS
Capital Adequacy
IFSB-15: Revised Capital Adequacy Standard for IIFS
IFSB-15: Revised Capital Adequacy Standard, its equivalent of the Basel III capital framework will include implementation of an optimal capital adequacy framework to facilitate the effective coverage of risk exposures of the IIFS as well as the...
IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
Supervisory Review Process
IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process, for its part, offers guidance on key elements in the supervisory review process for authorities supervising IIFS taking into consideration the specificities of the IIFS,...
IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment)
Core Principles
IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment)
IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) provides a set of Core Principles – along with associated assessment methodology – for the regulation and supervision of the Islamic financial services industry (IFSI),...
IFSB-1: Guiding Principles of Risk Management for IIFS
Risk Management
IFSB-1: Guiding Principles of Risk Management for IIFS
IFSB-1: Guiding Principles of Risk Management provides a set of guidelines of best practices for establishing and implementing effective risk management in IIFS. In particular, the Standard sets out 15 principles for managing the risks inherent...
IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS)
Governance
IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS)
IFSB’s Guiding Principles on Governance for ICIS (IFSB-6) reinforces the international best practices on supervising Collective Investment Schemes market while addressing the specificities of ICIS with respect to general governance;...
IFSB-8: Guiding Principles on Governance for Takāful Undertakings
Governance
IFSB-8: Guiding Principles on Governance for Takāful Undertakings
IFSB-8: Governance for Takāful Undertakings complements the IFSB Guiding Principles on Corporate Governance for Institutions offering Islamic Financial Services (IIFS) (IFSB-3) and other internationally recognized governance standards by...
IFSB-9: Guiding Principles on Conduct of Business for IIFS
Conduct of Business
IFSB-9: Guiding Principles on Conduct of Business for IIFS
IFSB-9, published in 2009, highlights the appropriate perspectives on conduct of business issues specific to Islamic finance, and seeks to complement and reinforce, wherever applicable, the various existing internationally recognised conduct of...
The IFSB: An Overview
The IFSB: An Overview
Overview of the Islamic Financial Services Board