- The AAOIFI Governance and Ethics Board (AGEB) holds its 39th meeting and agrees on the approach and content of the standard on Auditing and Assurance (SOAA) _“Auditing Requirements for Assessing Compliance with Shari’ah Principles and Rules” ...
- AAOIFI Accounting Board holds its 41st meeting and approves in principle FAS 50 “Financial Reporting for Islamic Investment Institutions (Including Investment Funds)” ...
- AAOIFI-IsDB Annual Islamic Banking and Finance Conference, 19th edition ...
- AAOIFI Accounting Board holds its 40th meeting and approves one exposure draft in principle ...
- 19th AAOIFI-IsDB conference to convene in Bahrain 3 – 4 November 2024 Crowne Plaza, Kingdom of Bahrain ...
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What We Do
The Accounting and Auditing Organization for Islamic Financial Institutions(AAOIFI) is an Islamic international autonomous non-for-profit corporate body that prepares accounting, auditing, governance, ethics and Shari’a standards for Islamic financial institutions and the industry. Professional qualification programs (notably CIPA, the Shari’a Adviser and Auditor “CSAA”, and the corporate compliance program) are presented now by AAOIFI in its efforts to enhance the industry’s human resources base and governance structures.
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) – established in 1991 and based in Bahrain –
Standardization and harmonization of international Islamic finance practices and financial reporting in accordance to Shari’ah.
To guide IF’s markets operation and financial reporting on Shari’ah principles and rules. To provide IF markets with standards and guidelines that can support the growth of the industry.