The Implementation Survey is a vital component of IFSB’s commitment to monitoring and enhancing the adoption of its standards across member jurisdictions, focusing on Islamic banking, Islamic Capital Markets, and Takaful. This survey specifically targets Regulatory and Supervisory Authorities (RSAs), aiming to collect valuable data on the implementation status of IFSB standards.
The survey serves as a dynamic tool to not only track the implementation rate but also to identify any challenges that RSAs may face in adopting the standards. The gathered information enables IFSB to provide tailored support and guidance to address specific impediments, fostering a responsive and effective implementation of standards for a robust and stable Islamic Financial Services Industry.