Marking a significant three days of intensive and high-level sessions, the International Islamic Financial Market (IIFM), in collaboration with Dar Al Sharia (DAS), successfully concluded the 15th Standards Master Class / Intensive Professional Training Workshop on IIFM Published Standard Agreements, held in Dubai (22–24 June 2026). The master class was led by Mr. Ammar Ahmed, CEO of Dar Al Sharia, alongside Mr. Habib Motani, a leading Islamic finance lawyer and consultant at Clifford Chance LLP, along with other industry experts. The workshop focused on providing in-depth and comprehensive knowledge of IIFM's Islamic Hedging and Liquidity Management standards documentation.
The session brought together high-level 22 industry professionals representing leading financial institutions, including:
Bank Indonesia, Dubai Islamic Bank, Kuwait International Bank, RAK Islamic, DDCAP (DIFC) Limited, Standard Chartered Bank (Dubai), Emirates NBD, Vakif Katilim Bankasi A.S, Emirates Islamic and Crédit Agricole CIB – Dubai.
The participants highly praised the immense benefits they acquired, emphasizing the vital and fundamental role of IIFM's standard documentation in developing and strengthening the global Islamic financial industry, as well as unifying its practices in accordance with the highest Shari’ah, technical and practical standards. They also expressed the need to continue these Master Class sessions, highlighting their paramount importance for industry professionals and market participants.
Dr. Ahmed Rufai – IIFM Acting CEO / Head of Compliance and Standard Development, takes this opportunity to congratulate not only the recent participants but everyone who has joined this journey since the inception of the program. He urges all alumni to continue implementing these standard documentations within their respective institutions, further enhancing the efficiency of the Islamic finance industry and driving it globally toward higher levels.