Dubai Financial Market (DFM) said it has launched the draft of its “Standard on Hedging against Investment and Finance Risks”, the first of its kind all-inclusive standard on its website. The exchange invited various Islamic Finance professionals to provide counsel and feedback on the standard. The consultation period will be concluded on November 10, as the final step prior to its official launch.

This standard is the newest addition to DFM’s Shari’a-compliant standards, following its launch of the Standard on Stocks in 2007 and Standard on Sukuk in 2014.