IFSB has published its strategic performance plan for 2016-2018. It identifies four key results areas as:

  • formulation and issuance of prudential standards and studies for the regulation of the Islamic financial services industry;
  • facilitating the implementation of prudential standards and capacity development;
  • increasing awareness and knowledge sharing; and
  • enhancing cooperation with Islamic finance stakeholders.

IFSB notes its intention to continue to focus on its core mandate which is the formulation, and facilitating the implementation, of prudential standards for the Islamic banking, Takāful, and Islamic Capital Market sectors with an overarching objective of ensuring the stability and resilience of the Islamic financial services industry. (Source: IFSB releases its strategic performance plan for 2016-2018)