The IFSB launches Islamic Financial Services Industry Stability Report 2015

The Governor of the National Bank of Kazakhstan, H.E. Kairat Kelimbetov, launched the Islamic Financial Services Industry (IFSI) Stability Report 2015 during the Opening Session of the 12th Islamic Financial Services Board (IFSB) Summit on 20 May in Almaty, Kazakhstan. In essence, the IFSI Stability Report 2015 discusses the following topics: An overview of the IFSI as well as updates on trends and developments in the three sectors of the industry; Initiatives undertaken by international standard-setting bodies; Surveillance framework for the global financial system including identification of the gaps; Emerging issues in Islamic finance. The IFSI Stability Report 2015 aims to contribute to a wider cross-border engagement on stability issues in Islamic finance.