The Asian Development Bank (ADB) and Islamic Financial Services Board (IFSB) signed a MOU to facilitate international cooperation between the two organizations in promoting the development of Islamic finance in common developing member countries.
The MOU provides an effective basis for joint activities and general cooperation in areas of common interest. The MoU is aimed at enhancing cooperation in the form of joint technical assistance and/or policy-based work in Common Developing Member Countries………………………………………..Full Article: Source