IFSB
IFSB Prudential Standards
Overview
The Islamic Financial Services Board (IFSB) prudential standards govern capital adequacy, risk management, liquidity, and corporate governance for Islamic financial institutions. IOF models its platform controls — capital buffers, risk rails, liquidity coverage — to IFSB guidance from day one, not retrofitted.
Scope
Applies to the FINANCIAL category rails: Liquidity, Risk, Treasury, Profit Distribution. Capital adequacy assessment hooks are exposed via the analytics-api for regulatory reporting.
Key Controls
- Capital adequacy assessment hooks in liquidity rail
- Risk management rails aligned to IFSB risk categories
- Corporate governance fields in workspace and contract schemas
- Liquidity coverage ratio (LCR) modelled in FINANCIAL rails
- Regulatory reporting endpoints for prudential disclosures
Certification & Audit
IFSB (self-assessment; external review planned)
Annual self-assessment; external review timeline TBD
Evidence Bundle
Evidence bundle available on request
Contact compliance@islamicopenfinance.com to request the evidence pack for this framework. We typically respond to audit requests within two business days.