VOL. XLV

No 50

16-December-2002

GENERAL

ISFB Addresses Key Requirements Of Islamic Finance Sector, Says Report

The recent creation of the Islamic Financial Services Board (IFSB MEES, 11 November) is an important step in addressing the needs of Islamic financial institutions in managing the specific risks associated with Islamic banking, according to an IMF working paper prepared by V Sundararajan and Luca Errico entitled Islamic Financial Institutions and Products in the Global Financial System:...