Corporate Profile

IIFM is a standard-setting body of the Islamic Financial Services Industry (IFSI) focusing on standardization of Islamic financial contracts and product templates relating to the Capital & Money Market, Corporate Finance and Trade Finance segments of the IFSI.

Announcements

QInvest becomes IIFM Member.
Citi Islamic Investment Bank become IIFM Member.
National Bank of Abu Dhabi becomes IIFM Member.
Hong Leong Islamic Bank Berhad becomes IIFM Member.

Published Standards

IIFM Standard - 9
ISDA/IIFM Islamic Foreign Exchange Forward (IFX Forward) – Two Unilateral and Independent Wa’ad based Standard
  • ISDA-IIFM Two Unilateral and Independent Wa’ad based IFX Forward Standard Confirmation
IIFM Standard - 8
ISDA/IIFM Islamic Foreign Exchange Forward (IFX Forward) – Single Binding Wa’ad based Standard
  • ISDA-IIFM Single Binding Wa’ad based IFX Forward Standard Confirmation
IIFM Standard - 7
ISDA/IIFM Islamic Cross-Currency Swap (ICRCS)
  • First Leg Cross-Currency Swap (Wa'ad - Two Sales)
    Second Leg Cross-Currency Swap (Wa'ad - Two Sales)
IIFM Standard - 6
Master Collateralized Murabaha Agreement (MCMA)
  • Master Collateralized Murabaha Agreement
    Operational Guidance Memorandum
IIFM Standard - 5
Inter-Bank Unrestricted Master Investment Wakalah Agreement (UMWA)
  • Interbank Unrestricted Master Investment Wakalah Agreement
    IIFM Wakala Operational Guidance Memorandum

Standards In Progress

IIFM Standard - 11
IIFM Risk Participation Agreements
Coming Soon
IIFM Master Funded Risk Participation Agreement - 1st Draft
IIFM Master Unfunded Risk Participation Agreement - 1st Draft
IIFM Standard - 10
ISDA/IIFM Credit Support Deed
Coming Soon
IIFM Standard 10 - Document 1

Photo Gallery