IFSB adopts new guidance notes on capital adequacy and credit ratings | Practical Law

IFSB adopts new guidance notes on capital adequacy and credit ratings | Practical Law

The Islamic Finance Standards Board (IFSB) has announced that it has adopted two new guidance notes relating to IFSB capital adequacy standards, and the recognition of ratings by external credit assessment institutions on Takaful and ReTakaful undertakings. 

IFSB adopts new guidance notes on capital adequacy and credit ratings

Practical Law Legal Update 8-505-5229 (Approx. 2 pages)

IFSB adopts new guidance notes on capital adequacy and credit ratings

by PLC Financial Services
Published on 31 Mar 2011International
The Islamic Finance Standards Board (IFSB) has announced that it has adopted two new guidance notes relating to IFSB capital adequacy standards, and the recognition of ratings by external credit assessment institutions on Takaful and ReTakaful undertakings.