The Asian Development Bank (ADB) and Islamic Financial Services Board (IFSB) signed a memorandum of understanding (MoU) to facilitate international cooperation between the two organisations in promoting the development of Islamic finance in member developing countries, said an ADB press statement on Tuesday.
Dubai Islamic Bank Pakistan, First Habib Modaraba, Habib Bank and State Bank of Pakistan are listed as members of the IFSB, according to the board’s website………………………………………..Full Article: Source