Printer friendly
"AcronymFinder.com

What does IAIB stand for?

IAIB stands for International Association of Islamic Banks

This definition appears somewhat frequently and is found in the following Acronym Finder categories:

  • Organizations, NGOs, schools, universities, etc.
  • Business, finance, etc.

See other definitions of IAIB

Other Resources:
We have 1 other meaning of IAIB in our Acronym Attic

Samples in periodicals archive:

This includes the founding of the International Association of Islamic Banks in 1977, with a goal of promoting and facilitating cooperation between Shari'a-compliant financial institutions, as well contributing to harmonization of the industry on an international level.
This includes the founding of the International Association of Islamic Banks in 1977, with a goal of promoting and facilitating cooperation between Shari'a-compliant financial institutions, as well contributing to harmonization of the industry on an international level.
Given the fact that the total funds involved in Islamic banking is estimated by the Cairo-based International Association of Islamic Banks to be between $30bn-$40bn and that in most cases it is Islamic financial institutions and investors with excess liquidity that have approached the above Western banks, it is hardly surprising that the likes of Kleinwort Benson and Citibank are now emerging as major competitors to the Islamic banks themselves in offering profit-and-loss (PLS) interest-free banking.