Central Bank of Uzbekistan Becomes Member of the Council on Islamic Financial Services
Published
To assist the regulator in implementing the best international practices.
The Central Bank of Uzbekistan has joined the Islamic Financial Services Board (IFSB), as reported by the regulator’s press service.
This membership will provide the Central Bank of Uzbekistan access to international experience and the opportunity to implement best practices in regulating the Islamic financial services market.
The IFSB was established in 2022, with its headquarters in Kuala Lumpur. The board consists of 188 members, including 81 regulators and ten international governmental organizations.
Kursiv Uzbekistan also reports that the Central Bank of Uzbekistan has maintained the key interest rate at 13.5%.
