In this study, the authors highlight some of the corporate governance mechanisms of Islamic banks, considering the board of directors, and empirically investigate its influence on the financial stability of Islamic banking. They employed regression analyses to test the effect of the board of directors' characteristics on the financial stability of Islamic banking, applying panel data consisting of 60 banks covering the period from 2015 to 2018. The main results indicate that the female director has a positive effect on the financial stability of Islamic banking. However, other dependent variables (the interlocked chairman with a shariah degree, the CEO duality, and the board of directors size) do not significantly affect banks' financial stability.