IIFM holds it 30th Board of Directors Meeting and Seminar in Indonesia

The International Islamic Financial Market ( IIFM ) held its 30th Board of Directors meeting at Bank Indonesia's headquarters in Jakarta. The Board commended IIFM efforts in holding two successful industry consultative meetings on Sukuk standardization requirements from documentation, structures and guidelines point of view which were very well attended by industry stakeholders. Moreover, IIFM aims is to come up with more standards as per its well established comprehensive development process, some of which will be issued during 2014 and in the next year. On the sidelines of the Board meeting, a specialized industry seminar on "Islamic Capital & Money Market" was also organized, discussing the technical aspects of Sukuk, Islamic hedging and liquidity management tools.