Upcoming Event
We are pleased to announce the upcoming IIFM Standards Master Class on Hedging and Liquidity Management, jointly organized by the International Islamic Financial Market (IIFM) and Dar Al Sharia (DAS). This three-day in-person workshop takes place 22–24 June 2026 in Dubai, UAE, covering the three new 2024 IIFM Hedging Standards (17, 18 & 19) alongside Islamic Hedging and Liquidity Management documentation.
STANDARDS COVERED
IIFM Islamic Hedging Standards
Std 2 ISDA/IIFM Tahawwut (Hedging) Master Agreement
Std 3 ISDA/IIFM Mubadalatul Arbaah (Islamic Profit Rate Swap) – Single Sale
Std 4 ISDA/IIFM Mubadalatul Arbaah (Islamic Profit Rate Swap) – Two Sale
Std 7 ISDA/IIFM Himaayah Min Taqallub As’aar Assarf (Islamic Cross-Currency Swap) – First Leg and Second Leg
Std 8 ISDA/IIFM Wiqayah Min Taqallub As’aar Assarf (Islamic FX Forward) – Single Binding Wa’ad
Std 9 ISDA/IIFM Wiqayah Min Taqallub As’aar Assarf (Islamic FX Forward) – Two Unilateral Wa’ad
Std 10 ISDA/IIFM Islamic Credit Support Deed for Cash Collateral (Variation Margin)
Std 16 ISDA/IIFM IBOR Fallback Definitions Booklet and Bilateral Amendment Agreement
Std 17 ISDA/IIFM Mubadalatul Arbaah (MA) – Single Sale (2024 Version) ★
Std 18 ISDA/IIFM Mubadalatul Arbaah (MA) – Two Sale (2024 Version) ★
Std 19 ISDA/IIFM Islamic Cross-Currency Swap (ICRCS) – First Leg and Second Leg (2024 Version) ★
(★ New 2024 Standards)
IIFM Liquidity Management Standards
Std 1 IIFM Master Agreements for Treasury Placement (MATP)
Std 5 IIFM Inter-Bank Unrestricted Master Investment Wakalah Agreement (UMWA)
Std 6 IIFM Master Collateralized Murabahah Agreement (MCMA)
The workshop aims to equip finance professionals, industry practitioners, and other stakeholders with knowledge of the underlying Shari’ah structures, core documentation, and execution processes for transactions related to the IIFM Standards.
This practical and application-oriented workshop will focus on sharing practical experience in the negotiation and adoption of IIFM Standards in banking operations.
LEARNING OUTCOMES
- Develop an understanding of the underlying Shari’ah structures for Hedging and Liquidity Management
- Navigate the documentation and execution process for Shari’ah-compliant financial alternatives Understand the IIFM Standards on Hedging and Liquidity
- Management, including their application in day-to-day requirements
TARGET AUDIENCE
This workshop is designed for mid to senior-level professionals with experience in Islamic banking and finance products. It is particularly relevant for teams and individuals working in the following areas:
- Treasury & Asset-Liability Management (ALM)
- Risk Management
- Product Development
- Legal & Compliance
- Shari’ah Advisory
- Internal Audit
FEE AND DISCOUNT
▪ USD 3,000/- per participant (Breakfast and Lunch included)
▪ 20% discount for participants from IIFM member institutions
▪ 15% group discount for institutions for 3rd participant and above
▪ IIFM member institutions can avail group discount policy on top of 20% discount on fee
MASTER CLASS FACULTY
▪ Lead by Ammar Ahmed, CEO, Dar Al Sharia
▪ Habib Motani, Leading Islamic Finance Lawyer & Consultant, Clifford Chance LLP
▪ Mian Muhammad Nazir, Group Head of Internal Sharia Control, Dubai Islamic Bank PJSC
▪ Dr. Mohammad Yahya Mujaddidi, Sharia Scholar
REGISTRATION
The workshop brochure is attached for your reference. Please complete the registration form and submit it to training@iifm.net and copy training@daralsharia.ae. In order to maintain a focused and interactive environment, the course is limited to around 25 participants. We encourage you to register early as participation will be on a first-come, first-served basis.