The General Council for Islamic Banks and Financial Institutions

The General Council for Islamic Banks and Financial Institutions (CIBAFI) is an organization that sets standards and promotes best practices for Islamic banking and finance globally. It brings together industry professionals, regulators, and institutions to ensure that Islamic financial services remain compliant with Shariah principles, which prohibit interest and speculative activities. By providing guidance, research, and collaboration opportunities, CIBAFI helps develop a trusted, ethical financial system that aligns with Islamic values, supporting the growth and stability of Islamic finance markets worldwide.