Search results
Results from the WOW.Com Content Network
The IFSB was founded by "a consortium of central banks" and the Islamic Development Bank in 2002 and began operations on 10 March 2003. [7] [8] The country of its location, Malaysia, passed a special law the same year —the Islamic Financial Services Board Act 2002—giving the IFSB the usual "immunities and privileges" international organizations receive.
This is a list of agencies of Malaysian federal government. The list includes statutory bodies (ticked with *) government-linked companies and organisations (ticked with **). The list includes statutory bodies (ticked with *) government-linked companies and organisations (ticked with **).
The federal government of Malaysia adheres to and is created by the Federal Constitution of Malaysia, the supreme law of the land. The federal government adopts the principle of separation of powers under Article 127 of the Federal Constitution of Malaysia, [2] and has three branches: the executive, legislature, and judiciary. [3]
IFSB can mean any of the following: Internationaler Fernschachbund; Islamic Financial Services Board (Malaysia) Independence Federal Savings Bank; International Flying Saucer Bureau; International Fitness Sanctioning Body; International Financial Services Board of Malaysia; Indoor Football Scouting Bureau; International Foxhunters Stud Book
This category includes ministries, departments, agencies, and crown corporations created by the government or Parliament of Malaysia by statute or regulation. It does not include the Yang di-Pertuan Agong (head of state), the Parliament of Malaysia (legislative body), or the federal courts of Malaysia (see Judiciary of Malaysia).
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]
The Islamic Financial Services Act 2013 (Malay: Akta Perkhidmatan Kewangan Islam 2013), is a Malaysian law which enacted to provide for the regulation and supervision of Islamic financial institutions, payment systems and other relevant entities and the oversight of the Islamic money market and Islamic foreign exchange market to promote financial stability and compliance with Shariah and for ...
Politics of Malaysia takes place in the framework of a federal representative democratic constitutional monarchy, in which the Yang di-Pertuan Agong is head of state and the Prime Minister of Malaysia is the head of government. Executive power is exercised by the federal government and the 13 state governments.