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NameIran Fara Bourse Securities Exchange
CountryIran (Islamic Republic of)
Number of listed companies148
Domestic market capitalization48,495 million US$
SSE Partner ExchangeYes
Has annual sustainability reportYes
Iran Fara Bourse is reporting key measures of sustainability for the second consecutive year in its Annual Proxy Statement.
ESG reporting required as a listing ruleNo
Has written guidance on ESG reportingNo
Offers ESG related trainingYes
Regular Corporate Governance courses are given for issuers.

Market covered by sustainability-related indexNo
Has sustainability bond listing segmentYes
Sukuks Market 

Sukuk securities are Sharia-compliant. Shariah-compliant instruments have been widely accepted as sustainable products.

Has SME listing platformYes
SME Market | (ifb.ir)

 

Women on boards mandatory minimum ruleNo
Additional information 

 

Organizational model of stock exchangePublic Joint Stock Company, Listed

Regulatory bodiesSecurities and Exchanges Organization (SEO), an ordinary member of IOSCO as of Nov 27, 2018.

Regulatory model Limited exchange SRO

About the stock exchangeIFB headquartered in Tehran with no subsidiary. Founded in 2008, with over 190 employees, Iran Fara Bourse is operating the largest debt market and the second stock market of the country (by size and volume). Iran Fara Bourse mission is to foster innovation and entrepreneurship in private sector by delivering diverse Sharia-compliant financial instruments and platforms to the markets.
Stock
Main market (First market, Second market) - Listed
SME market Listed
UTP market (Yellow-board, Orange-board, Red-board) Admitted
Third market (Intellectual Property, Merger & Acquisition, Underwriting corporation, bulk and wholesale offerings) Unlisted
Structured Financial Instruments
(Sukuks, Islamic Treasury Bills, Mortgage Rights)- Listed
Funds
(ETF, ETFCF, VC, PE) Listed
Derivatives
(Call option, Put option, Embedded put option)

Crowdfunding Platforms
FinStars Owner (A platform to boost start-ups)
Iran Capital Market SandBox