The Islamic Financial Services Board (IFSB) and the Arab Monetary Fund (AMF) signed a Memorandum of Understanding to create a Strategic Partnership Framework aimed at strengthening cooperation on Islamic finance regulation, financial resilience, and sustainable financial and economic development across the Arab region. The framework covers four areas of collaboration: policy advice, capacity development, knowledge sharing and research, and analytical support for AMF regional engagements and initiatives. Aligned with the IFSB Strategic Plan 2025–2027 and the AMF Strategy 2025–2030, the agreement is intended to enhance technical assistance, support the adoption of global prudential standards, and promote the development of a robust, sound, and inclusive Islamic finance sector, building on and scaling up previous joint work between the two institutions.
Islamic Financial Services Board 2025-05-19
Islamic Financial Services Board and Arab Monetary Fund sign MoU establishing a strategic partnership to support Islamic finance regulation and resilience in the Arab region
The Islamic Financial Services Board and the Arab Monetary Fund have signed a Memorandum of Understanding to establish a Strategic Partnership Framework. This framework aims to enhance cooperation in Islamic finance regulation, financial resilience, and sustainable development in the Arab region. It focuses on policy advice, capacity development, knowledge sharing, and analytical support, aligning with the IFSB Strategic Plan 2025–2027 and the AMF Strategy 2025–30.