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IIFM, ICMA to boost Islamic capital market
DUBAI — The International Islamic Financial Market (IIFM) and the International Capital Market Association (ICMA) have concluded the dialogue sessions in Bahrain and London recently with Islamic financial industry participants decided to facilitate joint preparatory work in the development of potential Islamic capital market projects.
A third session, held in Bahrain last month in conjunction with the IIFM's 2nd International Islamic Financial Market Conference, was a consolidation of the two previous deliberation sessions and covered primary market issuance and secondary market development issues. The aim of the session was to brief market participants on the joint IIFM-ICMA MoU and its benefits to the industry. — Staff report
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