The Islamic Financial Services Board

Westlaw Business and the Islamic Financial Services Board (IFSB) have announced their agreement to provide global business law professionals with IFSB’s unique direction on Sharia law within the Westlaw Business Islamic Finance Centre.

The Islamic Finance Centre on Westlaw Business is the first of its kind in the legal community and provides insight into Islamic finance deals and industry standards for lawyers and product-structuring teams. 

The IFSB is an international standard-setting organization that promotes and enhances the soundness and stability of the Islamic financial services industry.

In the news release announcing the agreement, Mazen Zein, product manager for Westlaw Business said, “Structuring capital transactions to be compliant with Sharia law requires current and authoritative information. Our agreement with IFSB enables us to provide their invaluable insights on Islamic Sharia law and regulations to our customers worldwide. Business law practitioners need to understand the developments and issues within the Islamic finance industry. Together, Westlaw Business and IFSB will further the availability and understanding of this information, ultimately increasing the transparency of the Islamic finance industry.”

To learn more about Islamic finance and the IFSB, listen to Zein in this Westcast podcast, the second in a two-part series.

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