IslamicFinance.de

The Islamic Financial Services Board (IFSB) seeks to offer rules and regulations to organize work of Islamic banks and financial institutions.It has been providing a number of organizational and supervisory criteria for auditors, central banks, takaful companies or insurance firms. Qatar Central Bank governor Sheikh Abdullah bin Saud Al-Thani is chairman of the IFSB Board. IFSB's sukuk issuance program was granted A1 rating by Standard and Poors, paving way sukuk issuance for second quarter this year.