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AAOFI appoints key board membersBahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced the formation of three new technical boards with members appointed for a four-year term. The announcement was made at a P More… |
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Global Sharia-compliant assets reach $1trnAn estimated $1 trillion worth of additional Sharia-compliant assets are scattered across segments like small savers, affluent wealth management, pension and retirement plans, Awqaf, infrastructure and trade finance, a top industry thinker has s More… |
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Sukuk issuance boost for Islamic financeThe success of sukuk issuances by financial institutions underlinine the tremendous potential of Islamic finance industry, which has shown healthy growth despite the global financial crisis and the lull after it, said an expert. & More… |
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AAOIFI eyes new reporting standardsThe Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is actively looking at revision of existing standards and to introduce new ones to keep abreast of the challenging requirements of industry in financial reporti More… |
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Minhaj, AAOFI launch new Sharia’h standardsDubai-based Minhaj Sharia’h Financial Advisory and Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOFI) have launched a set of 11 new Sharia’h standards for Islamic financial institutions. Commentin More… |
