Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced it is inviting nominations for candidates to serve on its technical boards that are tasked to carry out development and revision of its international Islamic finance standards. As a leading standard-setter for the international Islamic finance industry, AAOIFI has issued a total of 94 standards – comprising 54 Sharia, 26 accounting, five auditing, two codes of ethics and seven governance – for the international Islamic finance industry, said a report in the Gulf Daily News (GDN), our sister publication.

 

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