CIBAFI COMMENTS TO THE Islamic Financial Services Board


CIBAFI submitted its comments on 27th May 2018 to the Islamic Financial Services Board (IFSB) on the Exposure Draft no: 22 “Revised Standard on Disclosures to Promote Transparency and Market Discipline for Institutions Offering Islamic Financial Services [Banking Segment]”.

The Exposure Draft has been issued on 28th March 2018 and was open for public consultation until 28th May 2018.

In its comments, CIBAFI thanked the IFSB for giving the opportunity to the Islamic Financial Services Industry to comment on the Exposure Draft and provided collective feedback of its member institutions from over 33 jurisdictions.

CIBAFI PDGCIBAFI Comments to the IFSB, May 2018

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