Friday 26 August 2016
 
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AAOFI

AAOFI appoints key board members

Bahrain-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

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Global Sharia-compliant assets reach $1trn

An 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

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Sukuk issuance boost for Islamic finance

The 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. &

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AAOIFI eyes new reporting standards

The 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

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Minhaj, AAOFI launch new Sharia’h standards

Dubai-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

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