SECP becomes member of Islamic Financial Services Board

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ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has become member of the Malaysia-based Islamic Financial Services Board (IFSB).

The Board serves as an international standard-setting body of regulatory and supervisory agencies that have vested interest in ensuring the soundness and stability of the Islamic Financial Services Industry (IFSI).

The SECP’s membership means that it will benefit from cooperation amongst IFSB members in developing the Islamic Financial Services Industry in Pakistan and avail of the training facilities.