The Islamic Financial Services Board (IFSB)

The Islamic Financial Services Board (IFSB) is an international organization that sets standards and promotes sound practices for Islamic banking and finance. It helps ensure that financial institutions offering Islamic financial products operate ethically, transparently, and in accordance with Shariah (Islamic law). The IFSB works with regulators, industry participants, and policymakers worldwide to strengthen the stability and development of Islamic finance markets. Its goal is to foster confidence, consistency, and growth in the sector by providing guidelines and best practices that comply with Islamic principles while aligning with global financial standards.