Global Standard-Setting Bodies IADI and IFSB Partner to Jointly Develop and Implement Core Principles for Effective Islamic Deposit Insurance Systems

17 August 2018

Global Standard-Setting Bodies IADI and IFSB Partner to Jointly Develop and Implement Core Principles for Effective Islamic Deposit Insurance Systems

The International Association of Deposit Insurers (IADI), represented by Mr. David Walker, Secretary General, and the Islamic Financial Services Board (IFSB), represented by Dr. Bello Lawal Danbatta, Secretary-General, signed a Memorandum of Understanding (MoU) on 6 August 2018, Kuala Lumpur, Malaysia.

The MOU is aimed at strengthening the collaboration between the two institutions to jointly develop, and promote, technical standards for the implementation of effective Islamic deposit insurance systems. (Press Release)

 

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