About the IFSD Forums:

The demand for Islamic financial services is growing in several jurisdictions worldwide. The industry has already become significant systemically. The IFSD Forums initiated by CIBAFI and IRTI in 2006 aim at providing a platform for strategic policy dialogue for sharing country and institutional experiences with regard to developing the various segments of the Islamic financial services industry; identifying key challenges of the industry's different segments in an integrated manner and promoting cooperation, knowledge sharing and partnership in alleviating the challenges thus facilitating the industry’s orderly development, competitiveness and stability.

Objectives of the IFSD Forums

i.Facilitate discussions and exchange of ideas for orderly development of the industry with a view to enhance financial inclusion, access to financial services, soundness of institutions and markets and financial stability.

ii.Provide a platform for sharing country and institution al experiences with regard to the development of the industry, so that the critical challenges can be identified and the successful experiences can be utilized to over come the challenges.

iii.Promote consultation to facilitate national policy alternatives to develop appropriate Islamic financial infrastructure and encourage and facilitate the implementation of the various best practice standards developed for the industry.

iv.Discuss ways and means to pool technical, human and financial resources to concentrate on the provision of facilities that are most important for the development of the industry.

v.Facilitate development of templates and any other instruments that can facilitate the development of sound and competitive Islamic financial sectors.