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IIFM launches profit rate swap standardThe International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association, (Isda) have announced the launch of a profit rate swap product standard to be used for Islamic hedging purposes. The IIFM is t More… |
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DFM to set new standardsThe Dubai Financial Market’s (DFM) will set standards to classify listed firms in terms of Sharia-compliance and accounting practices. The decision was taken by the DFM Sharia board at its first meeting, held under the chairmanship of Dr More… |
