New IFSB chief faces daunting task

The appointment last week by the council of governors of the Islamic Financial Services Board (IFSB) of Jaseem Ahmed as its new secretary-general comes at a time when the prudential and supervisory standard setting organization of the global Islamic finance industry is poised to enter its next stage of development since it was first established in 2002.
Ahmed’s appointment was confirmed at the 17th meeting of the council of governors that was held in Jeddah.

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