Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Islamic Financial Services Board | Statement: [Central Bank of Iran, memberOf, Islamic Financial Services Board]

Target entity: Islamic Financial Services Board
Context triple: [Central Bank of Iran, memberOf, Islamic Financial Services Board]

• A. Dubai Financial Services Authority
  The Dubai Financial Services Authority is the independent financial regulator responsible for overseeing and supervising financial services conducted in or from the Dubai International Financial Centre.
• B. International Institute of Islamic Economics
  The International Institute of Islamic Economics is a specialized academic and research institution focused on Islamic economics, finance, and related social sciences within the framework of the International Islamic University Islamabad.
• C. Islamic Development Bank
  The Islamic Development Bank is a multilateral development finance institution that provides Sharia-compliant funding and support for economic and social development in member countries of the Islamic world.
• D. International Islamic Fiqh Academy
  The International Islamic Fiqh Academy is a leading scholarly body that issues collective Islamic legal opinions and guidance on contemporary issues for member states of the Organisation of Islamic Cooperation.
• E. Islamic finance
  Islamic finance is a system of banking and financial practices that complies with Islamic law, emphasizing risk-sharing, asset-backed transactions, and the prohibition of interest (riba) and excessive uncertainty (gharar).
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Islamic Financial Services Board
Triple: [Central Bank of Iran, memberOf, Islamic Financial Services Board]

The Islamic Financial Services Board is an international standard-setting body that develops and promotes regulatory and supervisory standards for the Islamic financial services industry worldwide.

Target entity: Islamic Financial Services Board
Target entity description: The Islamic Financial Services Board is an international standard-setting body that develops and promotes regulatory and supervisory standards for the Islamic financial services industry worldwide.

• A. Dubai Financial Services Authority
  The Dubai Financial Services Authority is the independent financial regulator responsible for overseeing and supervising financial services conducted in or from the Dubai International Financial Centre.
• B. International Institute of Islamic Economics
  The International Institute of Islamic Economics is a specialized academic and research institution focused on Islamic economics, finance, and related social sciences within the framework of the International Islamic University Islamabad.
• C. Islamic Development Bank
  The Islamic Development Bank is a multilateral development finance institution that provides Sharia-compliant funding and support for economic and social development in member countries of the Islamic world.
• D. International Islamic Fiqh Academy
  The International Islamic Fiqh Academy is a leading scholarly body that issues collective Islamic legal opinions and guidance on contemporary issues for member states of the Organisation of Islamic Cooperation.
• E. Islamic finance
  Islamic finance is a system of banking and financial practices that complies with Islamic law, emphasizing risk-sharing, asset-backed transactions, and the prohibition of interest (riba) and excessive uncertainty (gharar).
• F. None of above. chosen