Islamic Finance
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The IFSB Council Adopts Two New Standards for the Islamic Financial Services Industry
The Council of the Islamic Financial Services Board has resolved to approve the adoption of two new Standards in its 23rd Meeting in Doha, Qatar, yesterday. The two documents are: 1. IFSB-14: Standard on Risk Management for Takāful Undertakings; and 2. IFSB-15: Standard on Revised Capital Adequacy for Institutions offering…
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Source: IFSB