Islamic Financial Services Board

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Islamic Financial Services Board IFSB is an international organisation committed to promoting the soundness and stability of the Islamic financial services industry

26/05/2026

wishes everyone a safe and blessed Eid Adha. May this auspicious occasion bring peace, prosperity, and happiness to all.

11/05/2026

The has released its 30th Prudential and Structural Islamic Financial Indicators (PSIFIs) dataset, now covering Islamic banking sector data through Q4 of 2025.

The dataset provides aggregate, jurisdiction-level data across full-fledged Islamic banks and Islamic windows; enabling macroprudential analysis, trend-spotting, and competitive benchmarking across established and emerging markets.

Access the standardised, cross-comparable data platform at https://data.ifsb.org/

A big thank you to Mr El Bachir Boukherouaa from the International Monetary Fund for visiting the IFSB to demonstrate St...
23/04/2026

A big thank you to Mr El Bachir Boukherouaa from the International Monetary Fund for visiting the IFSB to demonstrate StatGPT - a specialised GPT designed to retrieve accurate data sets in real time from over 150 countries.

The session underscored the growing importance of specialised AI in the financial sector, particularly in major statistics work in the economic field. We look forward to the public launch of this StatGPT by the Statistics Department.

The Secretariat this week met the delegation from the Participation Banks Association of Türkiye ( ), led by Mr. Mehme...
15/04/2026

The Secretariat this week met the delegation from the Participation Banks Association of Türkiye ( ), led by Mr. Mehmet Ali Akben, Chairperson of TKBB, including Mr. İsmail Vural, Secretary General, and Ms. Fatma Çınar, Deputy Secretary General. This meeting follows an engagement in Istanbul in 2024 that initiated a continuous engagement on participation banking developments and regional collaboration.

The meeting saw exchanges of insights on IFSB’s Strategic Plan 2025–27, Türkiye's participation banking landscape and future plans, as well as recognising a potential two-way contributions.

As the global Islamic Financial Services Industry continues to evolve, staying aligned with international prudential sta...
08/04/2026

As the global Islamic Financial Services Industry continues to evolve, staying aligned with international prudential standards isn’t just an advantage; it’s a necessity.

We are hosting our latest series of Capacity Building Workshops and Seminars, designed specifically for regulators, supervisors, and industry practitioners. With a deep dive into the practical implementation of IFSB Standards across Islamic banking, Takaful and sustainability, this is your chance to the strengthen technical expertise and lead with confidence in the Shariah-compliant financial space.

📅 Check the full calendar and register here: https://www.ifsb.org/events/category/capacity-building/list/

01/04/2026

The is exploring potential solutions and service providers for its Islamic Finance Legislation Database (IFLD) Project.

We invite service providers to participate in this Request for Information (RFI) exercise. The RFI document at the link below contains all necessary details, including the scope of inquiry and response instructions.

Submission must be made by 10 April 2026. We look forward to your participation.

Download RFI document here: https://bit.ly/RFIIFLD

19/03/2026

On behalf of the , we wish you and your loved ones a blessed Eid.

19/02/2026

The wishes everyone a blessed . May the holy month brings upon us clarity, compassion, and renewed gratitude.

17th Summit session on ‘Overcoming Barriers to Market Depth and Liquidity – How Can the Sukuk Market Truly Evolve?’ exam...
05/02/2026

17th Summit session on ‘Overcoming Barriers to Market Depth and Liquidity – How Can the Sukuk Market Truly Evolve?’ examined the structural constraints limiting the maturity and efficiency of the global sukuk market.

Despite its rapid growth, the session highlighted a persistent challenge: bridging supply-demand imbalances, expanding the investor base and strengthening secondary market liquidity to position sukuk as a mainstream capital market instrument.

Led by a presentation by moderator Mr Ali Al Lawati (Meethaq Islamic Banking), the discussion featured senior market practitioners from Mr. Mohamed Sharaf (Islamic Development Bank (IsDB)), Mr. Mohamad Mohamad Safri Shahul Hamid (IILM - International Islamic Liquidity Management), and Mr. Lotfi Zairi (The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)), who explored the role of governments in issuing benchmark assets, developing local currency sukuk markets, and incentivising market makers to enhance price discovery and market depth.

The session underscored the strategic importance of a deeper, more liquid sukuk market in supporting financial stability and long-term growth across the Islamic financial ecosystem.

Crisis Preparedness and Financial Safety Nets: Do We Have the Right Balance?A critical question confronts Islamic financ...
05/02/2026

Crisis Preparedness and Financial Safety Nets: Do We Have the Right Balance?

A critical question confronts Islamic finance as it achieves systemic significance. Unlike conventional systems with established lender-of-last-resort facilities and deposit insurance, Islamic finance faces Sharīʿah compliance constraints that complicate crisis intervention. While progress has been made, fundamental gaps remain in emergency liquidity provision, deposit protection and resolution.

The session opened with a keynote by Dr Eva H.G. Hüpkes (International Association of Deposit Insurers (IADI)), followed by insights from senior deposit insurance leaders Dr. Waleed Al-Qarawi (Jordan Deposit Insurance Corporation), Farid Azhar Nasutio (Indonesia Deposit Insurance Corporation), Dr. Kabir Sabo Katata (Nigeria Deposit Insurance Corporation), and Mr. Mohamed Mahraoui Moroccan Deposit Insurance Corporation (MDIC), who shared jurisdictional experiences and regulatory perspectives on bridging existing gaps in Islamic financial safety nets.

The discussion underscored the importance of strengthening crisis preparedness frameworks to safeguard confidence, stability and long-term resilience across the Islamic financial system. As growth outpaces infrastructure, the window for building resilience narrows.

Sustainability and Climate Risk: Islamic Finance Strategies for a Resilient FutureAs climate-related financial risks int...
05/02/2026

Sustainability and Climate Risk: Islamic Finance Strategies for a Resilient Future

As climate-related financial risks intensify globally, Islamic finance's asset-backed foundations offer distinct advantages—yet translating principles into practice requires deliberate action.

The session that opens the last day of the IFSB Summit examined how green and sustainability-linked sukuk can channel capital toward verified environmental projects whilst addressing greenwashing concerns through Sharīʿah-compliant transparency requirements. Speakers explored climate risk management frameworks aligning Islamic finance principles with global standards.

Featuring a special presentation by H.E. Shaikh Ebrahim bin Khalifa Al Khalifa (Accounting and Auditing Organization for Islamic Financial Institutions), a keynote by H.E. Ramsamy Chinniah (Bank of Mauritius), and insights from panellists representing the The World Bank, Securities Commission Malaysia, Bangladesh Bank and DDCAP Group™, discussions reinforced Islamic finance’s potential to contribute meaningfully to global sustainability and financial resilience.

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Jalan Dato Onn

50480

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Monday 09:30 - 17:30
Tuesday 09:30 - 17:30
Wednesday 09:30 - 17:30
Thursday 09:30 - 17:30
Friday 09:30 - 17:30

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