Corporate Profile

International Islamic Financial Market (IIFM) is the global standardization body for the Islamic Capital & Money Market segment of the IFSI. Its primary focus lies in the standardization of Islamic financial products, documentation and related processes.

IIFM was founded with the collective efforts of the Central Bank of Bahrain, Bank Indonesia, Central Bank of Sudan, Labuan Financial Services Authority (Malaysia), Autoriti Monetari Brunei Darussalam and the Islamic Development Bank (a multilateral institution based in Saudi Arabia) as a neutral and non-profit organization.

Besides the founding members, IIFM is supported by its permanent member State Bank of Pakistan. Moreover, it’s also supported by a number of regional and international organizations and financial institutions such as Dubai International Financial Centre Authority, ABC Islamic Bank , Bank Islam Malaysia Berhad, Crédit Agricole CIB, European Islamic Investment Bank, Kuwait Finance House, National Bank of Kuwait, Standard Chartered Saadiq as well as other market participants as its members.

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