The IFSB admits four new members
The Islamic Financial Services Board (IFSB) admits four new members. The Council of the IFSB, under the chairmanship of H.E. Dr. Sabir Mohamed Hassan, Governor of the Central Bank of Sudan, has approved the admission of four new members (one associate member and three observer members).
The new members are:
Regulatory and supervisory authorities:
· Capital Markets Board of Turkey, Turkey (Associate member)
· Istanbul Stock Exchange, Turkey (Observer member)
Financial institutions:
· Habib Bank Limited, Pakistan (Observer member)
· Bank of Khartoum, Sudan (Observer member)
The members of the IFSB comprise supervisory and regulatory authorities of the banking, capital markets and Islamic insurance (Takâful) sectors, as well as international inter-governmental organisations, and market players (financial institutions, professional firms and industry associations).
The full list of the 195 IFSB members is available on the IFSB website www.ifsb.org. Their roles and responsibilities (by category) are detailed in the IFSB Articles of Agreement which is downloadable from the IFSB website.
