The Purpose of IFSB is to Establish A Standard Regulatory Framework for Islamic Banks Worldwide.Many Central Banks worldwide are represented. It is Headquartered in Kuala Lumpur, Malaysia.
The Purpose of AAOIFI is to Establish A Standardized Body of Regulations, Rules and Standards for Auditing & Accounting for Islamic Banks Worldwide. It is Headquartered in Bahrain.
The Islamic Development Bank Membrship Includes All Member States of Organization of Islamic Conference, OIC. It is Involved in Financing Development Projecs and Central Bank Needs in the Islamic Countries. It is Headquartered in Jeddah, Saudi Arabic.
Gold and Silver were the foundations of Pricing, for example, Market Zakah and Dowery (Marriage Gift to the Spouce.) Many Central Banks & Th Feds Still refer to Gold as a Reference Standard.
