---
title: "What is Islamic window? | IslamicOpenFinance™"
description: "The part of a conventional institution, such as a branch or unit, that provides Islamic financial services."
url: https://islamicopenfinance.com/glossary/islamic-window/
lang: en-GB
source: "IslamicOpenFinance"
---

[Glossary](https://islamicopenfinance.com/glossary/) / [Shariah governance](https://islamicopenfinance.com/glossary/#governance)

Shariah governance

# Islamic window

The part of a conventional institution, such as a branch or unit, that provides Islamic financial services.

An Islamic window is the part of a conventional financial institution, which may be a branch or a dedicated unit, that provides Islamic financial services, according to IFSB-31. Because it sits inside a conventional entity, regulators focus on segregating its funds, accounts and governance from the host's conventional business. AAOIFI has an accounting standard on financial reporting for Islamic finance windows.

## Sources

- [IFSB-31 Guiding Principles for Effective Supervision of Shariah Governance, 2025: Definitions, Islamic Window](https://www.ifsb.org/wp-content/uploads/2025/07/IFSB-31-Guiding-Principles-for-Effective-Supervision-of-Shariah-Governance.pdf)

This entry explains a term; it is not a Shariah ruling. Approving a product is for each institution's own Shariah board and regulator.

## Related terms

[**Institutions offering Islamic financial services (IIFS)** The IFSB's umbrella term for Islamic banks, takaful institutions, Islamic windows and other Islamic financial institutions.](https://islamicopenfinance.com/glossary/institutions-offering-islamic-financial-services/) [**Shariah governance system** The institutional arrangements through which an institution ensures independent oversight of its Shariah compliance.](https://islamicopenfinance.com/glossary/shariah-governance-system/) [**Investment pool** A group of assets funded by identified sources, such as shareholders or investment account holders, whose income is allocated to them.](https://islamicopenfinance.com/glossary/investment-pool/)

**Shariah governance**

1. [Shariah supervisory board](https://islamicopenfinance.com/glossary/shariah-board/)
2. [Fatwa](https://islamicopenfinance.com/glossary/fatwa/)
3. [Shariah governance system](https://islamicopenfinance.com/glossary/shariah-governance-system/)
4. [Shariah review](https://islamicopenfinance.com/glossary/shariah-review/)
5. [Shariah audit](https://islamicopenfinance.com/glossary/shariah-audit/)
6. [Shariah non-compliance risk](https://islamicopenfinance.com/glossary/shariah-non-compliance-risk/)
7. [Purification of income](https://islamicopenfinance.com/glossary/purification/)
8. [Central Shariah board](https://islamicopenfinance.com/glossary/central-shariah-board/)

[All 221 terms](https://islamicopenfinance.com/glossary/)