Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has appointed Dr Hamed Hassan Merah as its new secretary general.

Dr Merah, a Saudi Arabian national, possesses broad experience in Islamic commercial banks, investment banks and insurance companies, through technical and Sharia roles including in senior management capacity.

In addition, he has also been involved in academia as an assistant professor with responsibilities for post graduate studies.

AAOIFI chairman of board of trustees Shaikh Ebrahim bin Khalifa Al Khalifa said he was confident Dr Merah will steer the organisation towards greater accomplishment and success in fulfilling its role, discharging its responsibilities, and enhancing its global position.

AAOIFI is a leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry. - TradeArabia News Service