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Islamic finance body IIFM to develop trade, corporate finance contracts

MANAMA: The Bahrain-based International Islamic Financial Market (IIFM) will develop contract templates for sharia-compliant corporate finance and trade finance transactions, as the industry body expands its mandate, its chairman said on Monday.

Islamic finance body IIFM launches collateralised murabaha standard

BAHRAIN: The Bahrain-based International Islamic Financial Market (IIFM) has launched a standard contract template for collateralised murabaha transactions, aiming to boost use of a sorely needed liquidity management tool for Islamic finance institutions.

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