IFSB issues new draft standards for consultation
The Islamic Financial Services Board (IFSB) yesterday issued two new exposure drafts (ED) for a five-month public consultation until May 10.
They were the Capital Adequacy Requirements for Sukuk Securisations & Real Estate Investment and the Guiding Principles on Governance for Islamic Collective Investment Schemes, IFSB said in a statement.
The Capital Adequacy Requirements for Sukuk Securisations & Real Estate Investment deals with aspects of regulatory capital requirements for institutions offering Islamic financial services.
All IFSB standards, guidelines and EDs are available at http://www.ifsb.org.
Islamic Finance Resource 