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IIFM and ISDA launch Islamic swap standard

Posted on 28 March 2012

The International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association (ISDA) have launched an ISDA/IIFM Mubadalatul Arbaah (Profit Rate Swap) product standard, to be used for Islamic hedging purposes.
The Mubadalatul Arbaah (MA) standard provides the industry with a framework for Islamic risk mitigation………………………………………..Full Article: Source

 
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This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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