Islamic Finance Advisory Board is a non-profit, self-regulatory, voluntary body engaged in the promotion of Islamic Finance in Canada.  The Board was formed in 2008 to facilitate the development of Sharia-compliant financial products in Canada. One of its major functions is to bring a measure of standardization to the Sharia-compliant financial market. To date, it is the only institution in the country to provide one-of-a-kind services pertaining to this market segment. 

The Board functions at three levels.

Advisory and Consultancy

Our key service is to assist financial institutions in structuring products in a Shariah compliant manner.

Education and Awareness

We offer periodic seminars throughout the year to educate about Islamic Finance.

Mediation and Arbitration

We provide solutions to financial disputes with subject matter experts.