Islamic derivatives struggle in GulfIslamic derivatives are still struggling to gain traction in the Gulf, six months after the launch of a much-touted over-the-counter contract aimed at creating a standard legal framework for hedging products. Experts sai More… |
IIFM, ISDA in hedging master agreementThe International Islamic Financial Market (IIFM) and the International Swaps and Derivatives Association (ISDA) have joined hands to launch the ISDA/IIFM Tahawwut (Hedging) Master Agreement. The development is a breakthrough in Islamic fi More… |