Wiqayah Min Taqallub As'aar Assarf
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Definition of "Wiqayah Min Taqallub As'aar Assarf"
Islamic Foreign Exchange Forward. In June 2016, ISDA / IIFM published two template product documents referred to as Wiqayah Min Taqallub As'aar Assarf (Islamic Foreign Exchange Forwards), responding to the needs identified by Islamic finance industry to facilitate access to hedging of foreign currencies.