The Council of the Islamic Financial Services Board (IFSB) has resolved to admit Fajr Capital and six other organisations into the IFSB membership.
The 22nd meeting of the IFSB Council, hosted by Qatar Central Bank, was held on 7 April 2013 at the Grand Hyatt Doha in Qatar. It was chaired by the Governor of Qatar Central Bank, H.E. Sheikh Abdulla Saoud Al-Thani, and attended by 10 Governors, 6 governors’ representatives from among the IFSB Council members, as well as the President of the Islamic Development Bank.
The newly admitted members include:
Associate Members
- Indonesia Deposit Insurance Corporation
- BanqueCentrale Des Etats de L’afrique de L’ouest, Senegal (Central Bank of West African States)
- Central Bank of Tunisia, Tunisia
Observer Members
- SAB, France
- Finance Accreditation Agency Berhad
- RAM Rating Services Berhad
- Fajr Capital Limited
The 187 members of the IFSB comprise 57 supervisory and regulatory authorities from the banking, capital markets and Islamic insurance (Takāful) sectors in 43 jurisdictions, as well as eight international inter-governmental organisations, and 122 market players (financial institutions, professional firms and industry associations).
The full list of the IFSB members is available on the IFSB website www.ifsb.org.