IIFM was founded with the collective efforts of the central banks and monetary agencies of Bahrain, Brunei, UAE, Indonesia, Malaysia, Sudan and the Islamic Development Bank based in Saudi Arabia, as an infrastructure institution with the mandate to take part in the establishment, development, self-regulation and promotion of Islamic Capital and Money Market.
IIFM’s primary focus lies in the advancement and standardisation of Islamic financial instrument structures, contracts, product development and infrastructure; and the issuance of guidelines and recommendations for the enhancement of Islamic Capital and Money Market globally. In addition, development of the global primary and secondary Islamic capital and short term financial market and the creation of a market for Islamic financial instruments is a key area for IIFM.
http://www.iifm.net/.
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