CIBAFI is an international non-profit organization founded in 2001 by the Islamic Development Bank (IDB) and a number of leading Islamic financial institutions. CIBAFI is affiliated with the Organisation of Islamic Cooperation (OIC).
CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives.
With over 130 members from more than 34 jurisdictions from all around the world, CIBAFI is recognised as a key piece in the international architecture of Islamic finance.
Its mission is to support the Islamic financial services industry as the leading industry voice in advocating regulatory, financial and economic policies that are in the broad interest of its members and that foster the development of the Islamic financial services industry and sound industry practice.
CIBAFI is guided by its Strategic Objectives, which are 1) Advocacy of Islamic Finance Values and related Policies & Regulations; 2) Research and Innovation; and 3) Training and Professional Empowerment.
CIBAFI membership provides its members the opportunity to participate on key events concerning the Islamic finance industry such as conferences, roundtable meetings, and closed discussions. These will facilitate sharing experiences and practices among other members in regards to the latest emerging issues affecting the Islamic financial services industry.
Being the global umbrella for Islamic financial institutions, CIBAFI will positively engage with policy makers from key governments in the form of advocating the comments of its members, as well as improve the Islamic finance industry through promoting the best practices of the industry.
Members will have the access to CIBAFI database including country reports, briefings, newsletter, CIBAFI news, and industry news. Members will also have exclusive tailored offers on CIBAFI professional development programs.
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