IFSB guiding principles on equity investment risk require the IIFS to define and establish the exit strategies in respect of their equity investment activities, subject to the approval of the institution's Sharī'ah board.

Question

Quizplus · Accepted Answer

The IFSB (Islamic Financial Services Board) guiding principles indeed require Islamic Financial Institutions (IIFS) to define and establish exit strategies for their equity investment activities, ensuring these strategies are approved by the institution's Sharī'ah board to comply with Islamic finance principles.

IFSB Guiding Principles on Equity Investment Risk Require the IIFS