Thursday, 28th October 2021 – Jakarta, Indonesia: The International Islamic Financial Market (IIFM) and the International Islamic Liquidity Management Corporation (IILM) hosted a joint awareness seminar with the support of Bank Indonesia at its flagship annual event, the 8th Indonesia Shari’ah Economic Festival (ISEF) on 26 October 2021.   The three hours virtual seminar ..read more

Monday, 4th October 2021 – Manama, Kingdom of Bahrain: Islamic finance industry’s leading standard-setting body, the International Islamic Financial Market (IIFM), today announced the approval of its Shari’ah Board’s RFR implementation related Compliant Standard Structuring Solutions for Murabahah and Ijarah transactions.   The global benchmark rate reform is a significant regulatory driven development that also ..read more

Monday, 23rd August 2021, Manama, Kingdom of Bahrain – As announced earlier, IIFM collaborated with Dar Al Sharia to develop training material and deliver training on Standards issued by IIFM to the industry practitioners.   The first course ‘Liquidity Management Master Class’ will be a two-day virtual workshop on 6th and 7th October 2021 from ..read more

US$ 174.6 billion Sukuk Issued Globally in 2020 IIFM Annual Sukuk Report 10th Edition Findings   Thursday, 5th August 2021, Manama, Kingdom of Bahrain – The International Islamic Financial Market (IIFM) announced the launch of the 10th Anniversary Edition of its Annual Sukuk Report. The research report provides comprehensive information on global Sukuk issuances, types ..read more

  Sunday, 4th July 2021, Manama, Kingdom of Bahrain – The Board of Directors of the International Islamic Financial Market (IIFM) held its forty-fourth (44th) meeting virtually to discuss the standard-setting body’s various industry development initiatives, focus on emerging global developments and approval of administrative matters.   The Chairman of IIFM Mr. Khalid Hamad Al ..read more

  4th April 2021, Manama, Kingdom of Bahrain – The International Islamic Financial Market (IIFM) announced the publication of its Perpetual Sukuk Al Mudarabah Tier 1 Standard Documentation Templates. The suite of standardized documentation consists of Prospectus, Master Mudarabah Agreement and Declaration of Trust.   The purpose of the Sukuk standard documentation templates is to ..read more

Monday, 22nd March, 2021 – Manama, Kingdom of Bahrain: Islamic finance standard-setting body, the International Islamic Financial Market (IIFM) today released a White Paper on ‘Global Benchmark Rate Reforms and Implications of IBOR Transition for Islamic Finance’. Benchmark rate reform is a significant regulatory driven development in the international markets which will also have consequences ..read more

10 February 2021 – Hedging transactions between Islamic banks in Malaysia and counterparties, both domestic and foreign, have increased significantly over the past decade. These enhanced business activities amongst Islamic banks present an opportune timing for AIBIM and member banks to revisit standardisation of risk management practices especially uniformity in documentation. Understanding its importance, the ..read more

  Tuesday, 9th February 2021, Manama, Kingdom of Bahrain – The Board of Directors of the International Islamic Financial Market (IIFM) held its forty-third (43rd) meeting virtually to deliberate upon the standard-setting body’s various industry development initiatives as well as chart out its next 3 Years Strategic Plan for 2021-2023.   The Chairman of IIFM ..read more

Tuesday, 26th January 2021 – IIFM successfully concluded its 43rd Virtual Board of Directors Meeting which was attended by senior most representative from Central Bank of Bahrain, Labuan Financial Services Authority, Dubai Islamic Bank, Islamic Development Bank, Autoriti Monetari Brunei Darussalam, Central Bank of Sudan, Bank Indonesia, Bank ABC Islamic, Kuwait Finance House (Bahrain), Credit ..read more