Future Events

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.
OCBC Al-Amin Bank Berhad becomes IIFM Member.
Ziraat Katılım Bankası A.Ş. 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

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