The Malaysia-based Islamic Financial Services Board (IFSB) has approved Oman’s application for a full-time membership in the body, which formulates standards and guidelines for Sharia-compliant financial institutions across the world.
The decision was taken by IFSB board, which met in Kuala Lumpur on March 29. Oman’s stock market and insurance watchdog Capital Market Authority (CMA) represents the country in the body, said a CMA press release………………………………………..Full Article: Source