AAOIFI Shari’ah standards have been made part of mandatory regulatory requirement in jurisdictions such as Bahrain, Oman, Pakistan, Sudan, and Syria.
AAOIFI Shari’ah standards have also been adopted by Islamic Development Bank Group, a multilateral institution.
In addition, AAOIFI Shari’ah standards have also been used as basis of national Shari’ah guidelines in jurisdictions such as Indonesia and Malaysia.
In other jurisdictions including Brunei, Dubai International Financial Centre, France, Jordan, Kuwait, Lebanon, Saudi Arabia, Qatar, Qatar Financial Centre, South Africa, United Arab Emirates and United Kingdom as well as in Africa, Central Asia and North America, AAOIFI Shari’ah standards have been used voluntarily as basis of internal guidelines by leading Islamic financial institutions.