Islamic Financial Services Board (IFSB)

The Islamic Financial Services Board (IFSB) is an international organization that sets standards and best practices for Islamic banking and finance. It ensures that financial institutions operating under Islamic principles follow consistent rules that promote stability, transparency, and ethical conduct. By providing guidelines tailored to Islamic finance, the IFSB helps these institutions serve their customers effectively while complying with Shariah law, fostering trust and growth in the industry globally.