Isda to launch Islamic master agreement
LONDON - The International Swaps and Derivatives Association (Isda) will launch an Islamic version of its master agreement by year-end, according to a senior official.
The contract will be co-launched with Bahrain-based International Islamic Financial Market (IIFM), an Islamic finance development body supported by Islamic central banks and government agencies. The Isda/IIFM Ta'hawwut Master Agreement draft will undergo final consultative discussions at a United Arab Emirates meeting of Islamic
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