Takaful News - Global: IFSB continues to set standards for takaful industry
Source: Middle East Insurance Review | Mar 2009
In line with its mandate to liaise and co-operate with the relevant organisations currently setting standards for the stability of the international monetary and financial systems and those of the member countries, the Islamic Financial Services Board (IFSB) signed an agreement with the International Association of Insurance Supervisors (IAIS) to enhance the co-operation and understanding in mutual areas of supervision in the takaful industry in December 2008.
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