12 February 2026, the International Islamic Financial Market (IIFM) Shariah Board convened to advance its critical mission, the standardization of Syndicated Ijarah Financing documentation.
Reflecting on the importance of this session, Dr. Ahmed Rufai, Acting CEO of IIFM, stated:
“This initiative serves as a cornerstone of IIFM’s strategic vision to catalyze market efficiency and empower the industry with the sophisticated tools required to thrive on a global scale. By unifying these complex legal frameworks, IIFM is doing more than simplifying documentation, we are architecting the infrastructure for a more transparent and interconnected financial future. We extend our profound gratitude to our esteemed Shariah Scholars, whose unwavering dedication and expertise continue to drive the development of this blessed industry”.