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The Islamic Financial Services Board (IFSB) released new draft guidelines on capital adequacy for Islamic banks and the risk management of takaful (Islamic insurance) companies, the industry body said in a statement on Thursday.
The Kuala Lumpur-based IFSB sets global guidelines for Islamic finance, although national financial regulators have the final say on how they apply these………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Insurance (Takaful) more
IFSB releases draft standards on capital adequacy, takaful
| Posted on 02 November 2012 |
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