Interview with Professor Rifaat of the IFSB

Increasingly, central banks are working together to ensure consistent regulation of Islamic banks. The latest issues of The Financial Regulator journal includes an interview with Professor Rifaat, Secretary-General of the Islamic Financial Services Board who explained the current key debates in Islamic Finance. CentralBankNet offers this exclusive preview.

How and why did the Islamic Financial Services Board (IFSB) come into existence?

The idea came about in 2000. Together with the IMF and a

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