Manama, July 2 -- Bahrain-based global standard setting body the International Islamic Financial Market (IIFM) has released French versions of six of its standards for Islamic Liquidity Management and Risk Mitigation.

The issuance was a as part of IIFFM's Strategic Plan (2017-2020) to expand Islamic financial documentation standardisation initiatives and other services to new segments and jurisdictions.

"The French translated versions of IIFM's six standards will cater to the growing requirement of standardized documentation and product confirmations globally including jurisdictions where French is used as the legal language and is a clear reflection of the industry's expansion. On behalf of IIFM Board of Directors and Members, I would ...