28th April 2026 - A highly productive meeting today with Mr. Yusuf Battiwala (Partner at Norton Rose Fulbright), the appointed legal counsel for the joint IIFM/ICMA I’aadat Al Shira’a (Islamic Repo) Master Agreement (ISMA). Our discussions focused on the strategic preparations for the upcoming Working Group meeting, ensuring a framework Islamic Repo agreement that is both Shari’ah-compliant and commercially viable for global markets. A significant step forward in strengthening the global Islamic financial sector.

