28.03.2012 - IIFM and ISDA launch Islamic swap standard

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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