ISLAMIC FINANCIAL SERVICES BOARD - IFSB
An international organization that sets guiding principles and global prudential standards in the banking, insurance, and capital market sectors to promote and improve the stability and soundness of the Islamic financial services industry. It consists of the following:
- General assembly including all IFSB members
- Council that acts as the policy making body of IFSB including the senior executive of every full organization member
- Technical committee that gives advices to the council on issues and comprises of up to 15 people handpicked by the council
- Working group that creates guidelines and standards, and reports it to the technical committee
- Secretariat that serves as the permanent administrative body and is spearheaded by an appointed secretary-general
POPULAR TERMS
Exchange Rate
Price of a country’s currency relative to another currency. It has two components: domestic currency and foreign currency. It can be quoted e ...
Welfare Loss of Taxation
Welfare Loss of Taxation refers to a declined economic well-being due to the imposition of tax.
University of Connecticut School of Business
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Sir John Templeton
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Overreaction
A market theory that states that investors and traders react excessively to new information about a given security. This will cause the price of th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Featured Investment: The American Depository Receipt
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A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Mar | |
| 02:30 | Westpac Consumer Sentiment | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 05:00 | Credit Card Spending | Apr | |
| 08:00 | PPI | Apr | |
| 10:00 | Current Account (sa) | Mar | |
| 11:00 | Current Account (sa) | Mar | |
| 12:00 | CBI industrial order books balance | May | |
| 14:30 | Consumer Price Index | Apr |
