IIFM definition
Examples of IIFM in a sentence
IIFM and its ▇▇▇▇▇ ‘ah Board do not accept responsibility for any loss caused to any institution, individual or entity who acts or refrains from acting in reliance on the material in this guidance Memorandum , whether such loss is caused by negligence or otherwise.
For each Expense Year ending or commencing within the Lease Term, Tenant shall pay to Landlord, in the manner set forth in Section 4.3.2, below, and as Additional Rent: (i) the amount by which Tenant’s Share of Direct Expenses for such Expense Year exceeds Tenant’s Share of the Direct Expenses for the Base Year (Tenant’s Share of such excess amount is hereinafter referred to as the “Excess”); and (ii) Tenant’s Share of the Electricity Costs incurred for such Expense Year.
In this respect, IIFM has invited all the top law firms active in Islamic finance, including from Malaysia, to submit their proposals for Wakalah standardization initiative.
Reasonably used in Islamic inter-bank market as per the IIFM recent survey, as well as the gathered information during personal meetings by the IIFM Secretariat with banks and financial institutions globally.
The International Islamic Financial Market (IIFM) as always strives to bring a very strong combination of expertise to enhance its global standardization efforts.
IIFM Specialized Sessions on Islamic Finance, Surabaya, Indonesia, 7th November 2017 17 Under the single binding Wa‘ad structure a binding promise will be applied whereby the party who promised to buy or sell, as the case may be, is obliged to fulfil that promise.
In the case of IIFM Agreement, by design the product is structured to be an ‘Unrestricted Investment Account’.
IIFM is focused on the Islamic Capital & Money Market segment of the Islamic finance industry.
No ▇▇▇▇▇'ah approval is given by the IIFM ▇▇▇▇▇'ah Advisory Panel with respect to any such amendment or addition.