The International Boxing Federation (IBF) is one of four major organizations recognized by the International Boxing Hall of Fame (IBHOF) which sanctions professional boxing bouts, alongside the World Boxing Association (WBA), World Boxing Council (WBC) and World Boxing Organization (WBO).

Professional boxing, or prizefighting, is regulated, sanctioned boxing. Professional boxing bouts are fought for a purse that is divided between the boxers as determined by contract. Most professional fights are supervised by a regulatory authority to guarantee the fighters' safety. Most high-profile bouts obtain the endorsement of a sanctioning body, which awards championship belts, establishes rules, and assigns its own judges and referees.