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In 2002, the Malaysia-based Islamic Financial Services Board (IFSB) was established as an international standard-setting body for Islamic financial institutions. [65] By 1995, 144 Islamic financial institutions had been established worldwide, including 33 government-run banks, 40 private banks, and 71 investment companies. [79]
In addition to the individual Sharia boards that every Islamic financial institution has, there are organizations that have issued guidelines and standards for Sharia-compliance: Accounting and Auditing Organization for Islamic Financial Institutions, [14] Fiqh Academy of the Organisation of Islamic Cooperation, Islamic Financial Services Board ...
Global Banking and Finance Review was established in 2010 to create an independent and trustworthy finance content platform to influence the global financial community. The magazine publishes content on banking, brokerage, foreign exchange, Islamic finance, corporate governance, wealth management, taxes, accounting, mergers and acquisitions ...
Global Banking and Finance Awards was started in 2011 by the United Kingdom based Global Banking & Finance Review magazine to recognize notable changes happening in the global financing community. The awards are presented annually and they cover the global financial sector, including banking, corporate finance, Islamic finance, inward ...
ISRA International Journal of Islamic Finance (IIJIF) is an academic journal publishing research in the fields of Islamic economics and finance. It is published by the International Shari’ah Research Academy for Islamic Finance (ISRA), which has been vested the task to promote applied Shari’ah research in the niche area of Islamic finance.
The Global Islamic Finance Report was the first global publication of its kind. Each annual edition of GIFR has a special theme. Following themes have so far been covered: GIFR 2010: Size and growth of the Islamic financial services industry; GIFR 2011: Islamic financial regulation; GIFR 2012: Islamic philanthropy and social responsibility [1]
The magazine's readership, which extends to 80,000 qualified readers monthly, includes financial planners, registered investment advisors and independent broker-dealers.
Islamic non-banking finance has grown to encompass a wide range of services, but as of 2013, banking still dominates and represented about four-fifths of total assets in Islamic finance. [ 60 ] [ 44 ] The sukuk market is also a fast-growing segment with assets equivalent to about 15 percent of the industry.