Economy, Business And Markets

CBI to Chair IFSB

CBI to  Chair IFSBCBI to  Chair IFSB

Central Bank of Iran has been appointed as the director of Islamic Financial Services Board (IFSB) in 2017. During the IFSB’s 27th meeting in Jeddah, Saudi Arabia, Iran was elected deputy director of the board for 2016, CBI’s official website reported on Tuesday. The IFSB is the key international body in developing standards and regulations for Islamic financial markets. It was established in 2003 and currently has 180 members.