AAOIFI

The Accounting and Auditing Organisation for Islamic Financial Institutions (hereafter referred to as AAOIFI) was established on the 26th of February, 1990 in Algiers as per the Agreement of Association signed by Islamic financial institutions and was later registered on the 27th of March, 1991 in Bahrain as an international autonomous non-profit corporate body. AAOIFI is supported by institutional members (200 members from 45 countries, so far) including central banks, Islamic financial institutions, and other participants from the international Islamic banking and finance industry worldwide. For further details' see ISRA Research Paper; Institutions Supporting the Standardisation Process in Islamic Finance (IRP 29)


عقد الصرف الآجل
What is the Ruling on the Condition Set by the CBK that the Assets Leased through ijarah muntahiyah bi al-tamlik must be Treated According to Shari’ah Standard No. 9 Issued by AAOIFI?

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