The Arab Monetary Fund (AMF) and the Islamic Financial Services Board (IFSB) have signed a Memorandum of Understanding establishing a Strategic Partnership Framework to strengthen cooperation on Islamic finance regulation, financial resilience, and sustainable financial and economic development across the Arab region. The framework formalises collaboration across four areas: policy advice, capacity development, knowledge sharing and research, and analytical support for the AMF’s regional engagements and initiatives. Aligned with the IFSB Strategic Plan 2025–2027 and the AMF Strategy 2025–2030, the partnership is intended to enhance delivery of technical assistance, support adoption of global prudential standards, and promote a robust and inclusive Islamic finance sector, building on the institutions’ prior cooperation.
Arab Monetary Fund 2025-05-19
Arab Monetary Fund and Islamic Financial Services Board sign memorandum to deepen cooperation on Islamic finance regulation and resilience
The Arab Monetary Fund and the Islamic Financial Services Board have signed a Memorandum of Understanding to establish a Strategic Partnership Framework aimed at enhancing cooperation on Islamic finance regulation and sustainable development in the Arab region. The framework focuses on policy advice, capacity development, knowledge sharing, and analytical support, aligning with the IFSB Strategic Plan 2025–2027 and the AMF Strategy 2025–2030.