The desperate quest to retrieve petrodollars sent to oil-rich Islamic states results in individuals and institutions outside the Islamic world embracing the Islamic doctrine of Shariah, allowing it to infiltrate through the financial underbelly…

The 24th meeting of the IFSB Council, hosted by Autoriti Monetari Brunei Darussalam (AMBD), was held on 27 March 2014 at the Empire Hotel and Country Club in Brunei Darussalam.

[NOTE: Brunei has been in the news a lot lately because its sultan has announced that they will begin to enforce Shariah law with religious police very soon; could it be a coincidence that Brunei hosts the IFSB meeting this year?]

The Council of the Islamic Financial Services Board (IFSB) has resolved to admit Bank of Korea, the Central Bank of the Republic of Korea into the IFSB membership as an Associate Member.



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