IFSB Admits Seven Organisations into Its Membership

The Council of the Islamic Financial Services Board (IFSB) has yesterday resolved to admit sevenorganisations into the IFSB membership. The newly admitted Associate Members are Indonesia Deposit Insurance Corporation, Banque Centrale Des Etats de L'afrique de L'ouest (Senegal), and the Central Bank of Tunisia. New Observer Members are SAB (France), Finance Accreditation Agency Berhad (Malaysia), RAM Rating Services Berhad (Malaysia) and Fajr Capital Limited (UAE). Consequently, the IFSB comprises now 187 members, consisting of supervisory and regulatory authorities, as well as international inter-governmental organisations, and market players.