Is the Shebang (#!) standardized?

Question

Is the Shebang #!, e.g.

#!/bin/sh

in front of script executables officially standardized in the Linux Standard Base or in any of The Open Group standards or elsewhere? If yes, please provide references and details.

NOTE: I'm most interested in its meaning for shell scripts as well as for any executable file. In other words, do any of the standards require shebang-like interpretation of #! at the beginning of executable files? However, any other references to it in the standards are also welcome.

Answer 1

POSIX leaves the effect of #! unspecified. From 2.1 Shell Introduction

The shell reads its input from a file (see sh), from the -c option or from the system() and popen() functions defined in the System Interfaces volume of POSIX.1-2008. If the first line of a file of shell commands starts with the characters "#!", the results are unspecified.

Answer 2

From the source:

Bash scripts often begin with #! /bin/bash (assuming that Bash has been installed in /bin), since this ensures that Bash will be used to interpret the script, even if it is executed under another shell.

You can also check this The #! magic, details about the shebang/hash-bang mechanism on various Unix flavours