Talal Malik reported on 7 April 2008 that the Bahrain-based International Islamic Financial Market (IIFM) said to finalise soon the standardisation for a Master Murabaha Agreement called Master Agreement for Treasury Placement (MATP). The Agreements are under final review by Sharia scholars.
Khalid Hamad is chairman of IIFM.
Source: http://www.arabianbusiness.com/515834-bahrains-iifm-drawing-up-islamic-f...