International Islamic Financial Market

International Islamic Financial Market
International Islamic Financial Market (IIFM)
USA
Founded in 2002 with the collective efforts of the Central Bank of Bahrain, Bank Indonesia, Central Bank of Sudan, Labuan Financial Services Authority (Malaysia), Ministry of Finance (Brunei Darussalam) and Islamic Development Bank (a multilateral institution based in Saudi Arabia), the International Islamic Financial Market (IIFM) focuses on standardizing Islamic products, documents and related processes. In addition to its founding members, the IIFM's membership includes several regional and international financial institutions and other market participants.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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