From Maktoob.com: The Islamic Financial Services Board, an association of regulators in Muslim countries, will revise its rules next year to enhance sharia banks’ capital in line with Basel III reforms, its secretary-general said.
Rifaat Ahmed Abdel Karim said IFSB would seek its council’s approval in December to begin work next year on amending the regulations, with the process expected to be completed around 2013……………………………………….Full Article: Source