IIFM new standards to enhance global issuance of Sukuk

IIFM new standards to enhance global issuance of Sukuk

Manama: The International Islamic Financial Market (IIFM) announced the publication of its Perpetual Sukuk Al Mudarabah Tier 1 Standard Documentation Templates. The suite of standardized documentation consists of Prospectus, Master Mudarabah Agreement and Declaration of Trust. The purpose of the Sukuk standard documentation templates is to provide the industry with a standardized set of documents [“¦]