International Islamic Financial Market

The International Islamic Financial Market (IIFM) is a global marketplace designed to facilitate Sharia-compliant financial transactions. It offers products and services that adhere to Islamic law, which prohibits interest (riba) and promotes risk-sharing. The IIFM aims to enhance liquidity, foster investment opportunities, and support the growth of Islamic finance worldwide. By providing standardization, guidelines, and a platform for trade, it helps institutions and investors engage in ethical finance, aligning economic activity with moral values. Overall, the IIFM plays a key role in the development of Islamic finance on an international scale.