19th January 2026: In a significant strategic move to further bolster the Islamic financial ecosystem, IIFM and Ajman Bank have committed to deepening their bilateral cooperation. This partnership focuses on the standardization of Shari'ah-compliant products and documentation across key areas such as liquidity management, hedging, trade finance, Sukuk etc,. The collaboration was solidified during a meeting between Dr. Ahmed Rufai, IIFM's Acting CEO and Mr. Adrian Hodges, Group Treasurer of Ajman Bank.