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Islamic Financial Services Board
The Islamic Financial Services Board (IFSB) is an international standard-setting body of regulatory and supervisory agencies that aims to promote the soundness and stability of Islamic financial services. It studies and recommends standards consistent with Sharî'ah principles to financial institutions covering the areas of banking, capital market and insurance.The IFSB was originally established to serve banking sector regulators and central banks, extending its mandate to include supervisors and regulators of insurance and securities markets in 2004 and 2005 respectively. Provided by Wikipedia