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AAOIFI Accounting Board holds its 41st meeting and approves in principle FAS 50 “Financial Reporting for Islamic Investment Institutions (Including Investment Funds)”

AAOIFI Accounting Board holds its 41st meeting and approves in principle FAS 50 “Financial Reporting for Islamic Investment Institutions (Including Investment Funds)”

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 41st meeting ...
AAOIFI-IsDB Annual Islamic Banking and Finance Conference, 19th edition

AAOIFI-IsDB Annual Islamic Banking and Finance Conference, 19th edition

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB) successfully hosted the 19th ...
AAOIFI Accounting Board holds its 40th meeting and approves one exposure draft in principle

AAOIFI Accounting Board holds its 40th meeting and approves one exposure draft in principle

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 40th meeting ...
19th AAOIFI-IsDB conference to convene in Bahrain  3 - 4 November 2024 Crowne Plaza, Kingdom of Bahrain

19th AAOIFI-IsDB conference to convene in Bahrain 3 – 4 November 2024 Crowne Plaza, Kingdom of Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), together with the Islamic Development Bank Group (IsDB), represented by ...
AAOIFI FAS Discussion Paper - Accounting and Financial Reporting Approach for Tawarruq and Commodity Murabaha

AAOIFI FAS Discussion Paper – Accounting and Financial Reporting Approach for Tawarruq and Commodity Murabaha

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) has approved the issuance ...
AAOIFI Public Interest Monitoring Consultative Committee (PIMCC) held its 8th meeting and discussed four exposure drafts issued by AAOIFI Accounting Board (AAB)

AAOIFI Public Interest Monitoring Consultative Committee (PIMCC) held its 8th meeting and discussed four exposure drafts issued by AAOIFI Accounting Board (AAB)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 8th meeting of its Public Interest Monitoring Consultative Committee ...
AAOIFI Accounting Board holds its 39th meeting and approves two financial accounting standards and one exposure draft in principle

AAOIFI Accounting Board holds its 39th meeting and approves two financial accounting standards and one exposure draft in principle

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 39th meeting ...
AAOIFI conducts multiple public hearings on exposure draft of its FAS “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

AAOIFI conducts multiple public hearings on exposure draft of its FAS “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held multiple public hearing sessions (three in English language and ...
AAOIFI conducts multiple public hearing on exposure draft of its FAS “Promotional Gifts and Prizes”

AAOIFI conducts multiple public hearing on exposure draft of its FAS “Promotional Gifts and Prizes”

Manama, Kingdom of Bahrain 22 August 2024 The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held multiple public ...
AAOIFI issues Financial Accounting Standard 33 “Investments in Sukuk, Shares and Similar Instruments” officially in Arabic

AAOIFI issues Financial Accounting Standard 33 “Investments in Sukuk, Shares and Similar Instruments” officially in Arabic

Manama, Kingdom of Bahrain 15 August 2024 AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the ...
AAOIFI convenes 37th meeting of its Governance and Ethics Board (AGEB) and approves, in principle, the issuance of six governance standards

AAOIFI convenes 37th meeting of its Governance and Ethics Board (AGEB) and approves, in principle, the issuance of six governance standards

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Governance and Ethics Board (AGEB / the board) held its ...
Deadline extension for industry feedback on exposure draft of Shari’ah Standard No. 62 “Sukuk'”

Deadline extension for industry feedback on exposure draft of Shari’ah Standard No. 62 “Sukuk’”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is pleased to announce that the deadline for feedback on ...
AAOIFI Accounting Board holds its 38th meeting and reviews multiple in-process projects

AAOIFI Accounting Board holds its 38th meeting and reviews multiple in-process projects

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 38th meeting ...
AAOIFI conducts roundtable event in collaboration with IASB/ISSB in Kingdom of Bahrain

AAOIFI conducts roundtable event in collaboration with IASB/ISSB in Kingdom of Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conducted a focused roundtable event, in collaboration with the International ...
AAOIFI Public Interest Monitoring Consultative Committee (PIMCC) held its 7th meeting and discussed six exposure drafts issued by AAOIFI Governance and Ethics Board (AGEB)

AAOIFI Public Interest Monitoring Consultative Committee (PIMCC) held its 7th meeting and discussed six exposure drafts issued by AAOIFI Governance and Ethics Board (AGEB)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 7th meeting of its Public Interest Monitoring Consultative ...
AAOIFI  22nd Annual Shari’ah Boards Conference

AAOIFI 22nd Annual Shari’ah Boards Conference

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to announce its 22nd Annual Shari’ah Boards Conference, ...
AAOIFI issues Financial Accounting Standard 32 “Ijarah” officially in Arabic

AAOIFI issues Financial Accounting Standard 32 “Ijarah” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of Financial Accounting Standard (FAS) ...
AAOIFI Accounting Board holds its 1st meeting for the new term 2024-28, the 37th meeting since its constitution

AAOIFI Accounting Board holds its 1st meeting for the new term 2024-28, the 37th meeting since its constitution

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 1st meeting ...
AAOIFI Governance and Ethics Board holds its 1st meeting for the new term 2024-2028

AAOIFI Governance and Ethics Board holds its 1st meeting for the new term 2024-2028

The Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) held the first meeting of its newly formed AAOIFI Governance ...
AAOIFI extends the deadline for receiving comments on the newly issued governance exposure drafts

AAOIFI extends the deadline for receiving comments on the newly issued governance exposure drafts

AAOIFI decided to extend the timeline for receiving comments on the following governance exposure drafts until 31 March 2024.  [[ED ...
AAOIFI issues six exposure drafts of the governance standards in Arabic

AAOIFI issues six exposure drafts of the governance standards in Arabic

AAOIFI completed the Arabic translation of the below six exposure drafts (EDs) of governance standards (GSs). The English versions of ...
The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of governance standard (GS) __ “Governance and Management of Investment Accounts”

The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of governance standard (GS) __ “Governance and Management of Investment Accounts”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Governance and Ethics Board (AGEB / the board) approved in ...
AAOIFI Accounting Board holds its 36th meeting and approves issuance of four financial accounting standards

AAOIFI Accounting Board holds its 36th meeting and approves issuance of four financial accounting standards

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) held its 36th meeting ...
The AAOIFI Governance and Ethics Board (AGEB) issues the Governance Standard (GS) 15 “Syndicated Financing”

The AAOIFI Governance and Ethics Board (AGEB) issues the Governance Standard (GS) 15 “Syndicated Financing”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 31st  meeting of its Governance and Ethics Board ...
Deadline extension for industry feedback on exposure draft of Shari’ah Standard No. 62 "Sukuk'"

Deadline extension for industry feedback on exposure draft of Shari’ah Standard No. 62 “Sukuk'”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is pleased to announce that the deadline for feedback on ...
The AAOIFI Governance and Ethics Board (AGEB) issues six exposure drafts of governance standards

The AAOIFI Governance and Ethics Board (AGEB) issues six exposure drafts of governance standards

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 34th meeting of its Governance and Ethics Board ...
The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 16 “Institutional Framework for the Implementation of Ethics”

The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 16 “Institutional Framework for the Implementation of Ethics”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Governance and Ethics Board (AGEB / the board) approved in ...
AAOIFI and IsDB successfully held the 18th annual conference in Kingdom of Bahrain

AAOIFI and IsDB successfully held the 18th annual conference in Kingdom of Bahrain

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB), represented by the Islamic Development ...
AAOIFI Accounting Board issues exposure draft of financial accounting standard on “Promotional Gifts and Prizes”

AAOIFI Accounting Board issues exposure draft of financial accounting standard on “Promotional Gifts and Prizes”

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially ...
AAOIFI convenes 34th meeting of its Governance and Ethics Board (AGEB) in the Kingdom of Bahrain and approved six exposure drafts of governance standards for issuance

AAOIFI convenes 34th meeting of its Governance and Ethics Board (AGEB) in the Kingdom of Bahrain and approved six exposure drafts of governance standards for issuance

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Governance and Ethics Board (AGEB / the board) held its ...
AAOIFI Accounting Board issues exposure draft of financial accounting standard on “Financial Reporting for Islamic Investment Institutions (including Investment Funds)”

AAOIFI Accounting Board issues exposure draft of financial accounting standard on “Financial Reporting for Islamic Investment Institutions (including Investment Funds)”

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) has officially issued the ...
AAOIFI Accounting Board issues exposure draft of financial accounting standard “Participatory Ventures”

AAOIFI Accounting Board issues exposure draft of financial accounting standard “Participatory Ventures”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 17 “Shari’ah Compliance and Fiduciary Ratings of Sukuk and Other Islamic Finance Instruments”

The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 17 “Shari’ah Compliance and Fiduciary Ratings of Sukuk and Other Islamic Finance Instruments”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Governance and Ethics Board (AGEB / the board) approved in ...
AAOIFI issues Financial Accounting Standard 31 Investment Agency (Al-Wakala Bi Al-Istithmar) officially in Arabic

AAOIFI issues Financial Accounting Standard 31 Investment Agency (Al-Wakala Bi Al-Istithmar) officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of Financial Accounting Standard (FAS) ...
IFSB and AAOIFI conclude the joint work on Shari’ah governance and agree on the way forward

IFSB and AAOIFI conclude the joint work on Shari’ah governance and agree on the way forward

The work of the IFSB-AAOIFI joint working group on Shari’ah governance has now been concluded. Accordingly, based on extensive feedback ...
AOIFI Shari’ah Board Ratifies Landmark Sukuk Standard Draft, Solicits Banking and Regulatory Sector Feedback

AOIFI Shari’ah Board Ratifies Landmark Sukuk Standard Draft, Solicits Banking and Regulatory Sector Feedback

The Shari’ah Board of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has concluded its 87th meeting, held ...
AAOIFI invites nominations for its technical boards

AAOIFI invites nominations for its technical boards

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is inviting nominations for candidates to serve on its technical boards ...
AAOIFI Accounting Board holds its 35th meeting and approves exposure drafts of FAS on “Promotional Gifts and Prizes” and of FAS on “Financial Reporting for Islamic Investment Institutions” in principle

AAOIFI Accounting Board holds its 35th meeting and approves exposure drafts of FAS on “Promotional Gifts and Prizes” and of FAS on “Financial Reporting for Islamic Investment Institutions” in principle

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) held its 35th meeting ...
AGEB holds its 33rd meeting and approves the issuance of GS 17 “Shari’ah Compliance and Fiduciary Ratings of Sukuk and Other Islamic Finance Instruments” and the ED of GS on “Governance and Management of Investment Accounts”

AGEB holds its 33rd meeting and approves the issuance of GS 17 “Shari’ah Compliance and Fiduciary Ratings of Sukuk and Other Islamic Finance Instruments” and the ED of GS on “Governance and Management of Investment Accounts”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 33rd meeting of its Governance and Ethics Board ...
18th AAOIFI – IsDB conference to convene in Bahrain  29-30 November 2023 Crowne Plaza, Bahrain

18th AAOIFI – IsDB conference to convene in Bahrain 29-30 November 2023 Crowne Plaza, Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) together with the Islamic Development Bank Group (IsDB), represented by ...
AAOIFI issues Financial Accounting Standard 36 " First Time Adoption of AAOIFI Financial Accounting Standards” officially in Arabic

AAOIFI issues Financial Accounting Standard 36 ” First Time Adoption of AAOIFI Financial Accounting Standards” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of Financial Accounting Standard (FAS) ...
AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on the exposure ...
AAOIFI holds a focus group roundtable on the [Revised exposure draft of] FAS 29 “Sukuk in the Books of the Originator”

AAOIFI holds a focus group roundtable on the [Revised exposure draft of] FAS 29 “Sukuk in the Books of the Originator”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) organised a roundtable event to hold focus group discussions on the ...
AAOIFI Accounting Board holds its 34th meeting and approves exposure draft on “Participatory Ventures” in principle

AAOIFI Accounting Board holds its 34th meeting and approves exposure draft on “Participatory Ventures” in principle

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has held its 34th ...
AAOIFI’s Accounting Board issues the exposure draft of financial accounting standard “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

AAOIFI’s Accounting Board issues the exposure draft of financial accounting standard “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
The Public Interest Monitoring Consultative Committee (PIMCC) held its 6th meeting and discussed 3 exposure drafts issued by AAOIFI Governance and Ethics Board (AGEB)

The Public Interest Monitoring Consultative Committee (PIMCC) held its 6th meeting and discussed 3 exposure drafts issued by AAOIFI Governance and Ethics Board (AGEB)

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 6th meeting of its Public Interest Monitoring Consultative ...
AAOIFI conducts a public hearing in English on exposure draft of its FAS “Quasi-equity (including Investment Accounts)”

AAOIFI conducts a public hearing in English on exposure draft of its FAS “Quasi-equity (including Investment Accounts)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing on Monday, 24 July 2023 via ...
The AAOIFI Governance and Ethics Board holds its 31st meeting and approves, in principle, the Governance Standard (GS) 16 “Institutional Framework for the Implementation of Ethics”

The AAOIFI Governance and Ethics Board holds its 31st meeting and approves, in principle, the Governance Standard (GS) 16 “Institutional Framework for the Implementation of Ethics”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 31st meeting of its Governance and Ethics Board ...
AAOIFI conducts a public hearing in Arabic on exposure draft of its FAS “Quasi-equity (including Investment Accounts)”

AAOIFI conducts a public hearing in Arabic on exposure draft of its FAS “Quasi-equity (including Investment Accounts)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on the exposure ...
AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on the exposure ...
AAOIFI conducts a public hearing on exposure draft of its FAS “Off-balance-sheet Assets Under Management”

AAOIFI conducts a public hearing on exposure draft of its FAS “Off-balance-sheet Assets Under Management”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on the exposure ...
AAOIFI held the 5th meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed five AAOIFI Financial Accounting Standards (FASs)

AAOIFI held the 5th meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed five AAOIFI Financial Accounting Standards (FASs)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the fifth meeting of its Public Interest Monitoring Consultative ...
AAOIFI conducts a public hearing in Arabic on exposure draft of its FAS “Control (of Assets and Business)”

AAOIFI conducts a public hearing in Arabic on exposure draft of its FAS “Control (of Assets and Business)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on exposure draft ...
AAOIFI conducts a public hearing on exposure draft of its FAS “Control (of Assets and Business)”

AAOIFI conducts a public hearing on exposure draft of its FAS “Control (of Assets and Business)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on the exposure ...
AAOIFI’s Accounting Board holds its 33rd meeting and approves, in principle, the exposure draft of financial accounting standard “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

AAOIFI’s Accounting Board holds its 33rd meeting and approves, in principle, the exposure draft of financial accounting standard “Financial Reporting for Institutions Operating in Hyperinflationary Economies”

The Accounting board (the board/ AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held its ...
AAOIFI issues the exposure draft of the governance standard “Institutional Framework for the Implementation of Ethics” in Arabic

AAOIFI issues the exposure draft of the governance standard “Institutional Framework for the Implementation of Ethics” in Arabic

AAOIFI has completed the Arabic translation of the exposure draft of governance standard on “Institutional Framework for the Implementation of ...
AAOIFI Governance and Ethics Board holds its 30th meeting and discusses the exposure draft of the governance standard “Governance and Management of Investment Accounts”

AAOIFI Governance and Ethics Board holds its 30th meeting and discusses the exposure draft of the governance standard “Governance and Management of Investment Accounts”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 30th meeting of its Governance and Ethics Board ...
AAOIFI issues Financial Accounting Standard 41 “Interim Financial Reporting” officially in Arabic

AAOIFI issues Financial Accounting Standard 41 “Interim Financial Reporting” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved the issuance of the Arabic version of Financial Accounting Standard ...
AAOIFI, Refinitiv and iSecurities Hub inked an MOU to collaborate for the development of AAOIFI certified treasury solutions and Sukuk platform

AAOIFI, Refinitiv and iSecurities Hub inked an MOU to collaborate for the development of AAOIFI certified treasury solutions and Sukuk platform

Manama, Kingdom of Bahrain: Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Refinitiv and iSecurities Hub signed a Memorandum ...
AAOIFI successfully concludes the 21st AAOIFI Annual Shari’ah Boards Conference in Bahrain

AAOIFI successfully concludes the 21st AAOIFI Annual Shari’ah Boards Conference in Bahrain

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) hosted 21st AAOIFI Annual Shari’ah Boards Conference in Bahrain at the ...
AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

AAOIFI conducts a public hearing on exposure draft of its FAS “Transfer of Assets between Investment Pools”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) organised a public hearing, via video conferencing, on exposure draft ...
AAOIFI conducts a public hearing on exposure drafts of its FASs “Control (of Assets and Business)” and “Off-balance-Sheet Assets Under Management”

AAOIFI conducts a public hearing on exposure drafts of its FASs “Control (of Assets and Business)” and “Off-balance-Sheet Assets Under Management”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) organised a public hearing, via video conferencing, on exposure drafts ...
AAOIFI will host the 21st annual Shari’ah boards conference on 07 and 08 May 2023 at the Crowne Plaza Hotel - Bahrain

AAOIFI will host the 21st annual Shari’ah boards conference on 07 and 08 May 2023 at the Crowne Plaza Hotel – Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), under the auspices of the Central Bank of Bahrain will ...
AAOIFI issues Financial Accounting Standard 1 "General Presentation and Disclosures in the Financial Statements” officially in Arabic

AAOIFI issues Financial Accounting Standard 1 “General Presentation and Disclosures in the Financial Statements” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of Financial Accounting Standard (FAS) ...
AAOIFI holds a focus group roundtable on the challenges of accounting and financial reporting under hyperinflation

AAOIFI holds a focus group roundtable on the challenges of accounting and financial reporting under hyperinflation

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) organised a focus group roundtable on the challenges of accounting and ...
AAOIFI is pleased to issue the English language translation of the Shari’ah Standard No. (60) Waqf.

AAOIFI is pleased to issue the English language translation of the Shari’ah Standard No. (60) Waqf.

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is pleased to issue the English language translation of the ...
AAOIFI Accounting Board holds its 32nd meeting and approves in principle Financial Accounting Standard 43 “Accounting for Takaful: Recognition and Measurement”

AAOIFI Accounting Board holds its 32nd meeting and approves in principle Financial Accounting Standard 43 “Accounting for Takaful: Recognition and Measurement”

The Accounting board (the board / AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held ...
Azentio Software’s iMAL™ R14.6 awarded AAOIFI’s compliance certification for 2023

Azentio Software’s iMAL™ R14.6 awarded AAOIFI’s compliance certification for 2023

SINGAPORE, January 9, 2023 - Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced ...
AAOIFI officially issues FAS 42 “Presentation and Disclosures in the Financial Statements of Takaful Institutions” and FAS 43 “Accounting for Takaful: Recognition and Measurement”

AAOIFI officially issues FAS 42 “Presentation and Disclosures in the Financial Statements of Takaful Institutions” and FAS 43 “Accounting for Takaful: Recognition and Measurement”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued Financial ...
AAOIFI issues exposure drafts on “Quasi-equity (including Investment Accounts)” and “Off-Balance-Sheet Assets Under Management”

AAOIFI issues exposure drafts on “Quasi-equity (including Investment Accounts)” and “Off-Balance-Sheet Assets Under Management”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued exposure ...
AAOIFI issues “AAOIFI Conceptual Framework for Financial Reporting” officially in Arabic

AAOIFI issues “AAOIFI Conceptual Framework for Financial Reporting” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of “AAOIFI Conceptual Framework for ...
AAOIFI officially issues exposure draft of Financial Accounting Standard (FAS) on “Transfer of Assets between Investment Pools”

AAOIFI officially issues exposure draft of Financial Accounting Standard (FAS) on “Transfer of Assets between Investment Pools”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of the goverance standard on “Shari’ah Decision-Making Process”

The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of the goverance standard on “Shari’ah Decision-Making Process”

The Governance and Ethics Board (AGEB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ...
The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of a governance standard on “Development and Governance of Shari’ah Compliant Benchmark Rates”

The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of a governance standard on “Development and Governance of Shari’ah Compliant Benchmark Rates”

The Governance and Ethics Board (AGEB / the board) of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) ...
AAOIFI officially issues exposure draft of Financial Accounting Standard (FAS) “Control (of Assets and Business)”

AAOIFI officially issues exposure draft of Financial Accounting Standard (FAS) “Control (of Assets and Business)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of the Standard on Auditing “Framework of Auditing”

The AAOIFI Governance and Ethics Board (AGEB) issues the exposure draft of the Standard on Auditing “Framework of Auditing”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 28h  meeting of its Governance and Ethics Board ...
The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 14 on “Islamic Crowdfunding Governance”

The AAOIFI Governance and Ethics Board (AGEB) issues Governance Standard (GS) 14 on “Islamic Crowdfunding Governance”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Governance and Ethics Board (AGEB / the board) approved in ...
AAOIFI officially issues revised exposure draft of Financial Accounting Standard (FAS) 29 “Sukuk in the Books of the Originator”

AAOIFI officially issues revised exposure draft of Financial Accounting Standard (FAS) 29 “Sukuk in the Books of the Originator”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
AAOIFI officially issues Financial Accounting Standard (FAS) 41 “Interim Financial Reporting”

AAOIFI officially issues Financial Accounting Standard (FAS) 41 “Interim Financial Reporting”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB / the board) has officially issued the ...
The AAOIFI Governance and Ethics Board (AGEB) issues exposure draft on institutional framework for the implementation of ethics

The AAOIFI Governance and Ethics Board (AGEB) issues exposure draft on institutional framework for the implementation of ethics

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in the 27th meeting of its Governance and Ethics Board ...
AAOIFI held the fourth meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed two AAOIFI Governance Standards

AAOIFI held the fourth meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed two AAOIFI Governance Standards

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the fourth meeting of its Public Interest Monitoring Consultative ...
AAOIFI Governance and Ethics Board holds its 28th meeting and approves the issuance of the Governance Standard (GS) 15 “Syndicated Financing” and the exposure draft of the Standard On Auditing “Framework of Auditing”

AAOIFI Governance and Ethics Board holds its 28th meeting and approves the issuance of the Governance Standard (GS) 15 “Syndicated Financing” and the exposure draft of the Standard On Auditing “Framework of Auditing”

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 28th meeting of its Governance and Ethics Board ...
AAOIFI Accounting Board held its 31st meeting in Bahrain and approved in principle a number of exposure drafts of AAOIFI Financial Accounting Standards (FASs)

AAOIFI Accounting Board held its 31st meeting in Bahrain and approved in principle a number of exposure drafts of AAOIFI Financial Accounting Standards (FASs)

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its ...
The AAOIFI Governance and Ethics Board (AGEB) issues Shari’ah compliance and fiduciary ratings of Sukuk and other Islamic finance instruments exposure draft

The AAOIFI Governance and Ethics Board (AGEB) issues Shari’ah compliance and fiduciary ratings of Sukuk and other Islamic finance instruments exposure draft

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 24th  meeting of its Governance and Ethics Board ...
AAOIFI issues Financial Accounting Standard 40 “Financial Reporting for Islamic Finance Windows” officially in Arabic

AAOIFI issues Financial Accounting Standard 40 “Financial Reporting for Islamic Finance Windows” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved the issuance of the Arabic version of Financial Accounting Standard ...
AAOIFI and IsDB successfully held 17th annual conference

AAOIFI and IsDB successfully held 17th annual conference

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB) successfully held the 17th AAOIFI-IsDB ...
AAOIFI signs key strategic partnerships at its 20th Shari'ah Boards Conference and Kazan Summit 2022

AAOIFI signs key strategic partnerships at its 20th Shari’ah Boards Conference and Kazan Summit 2022

  Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) signed memoranda of understanding (MOUs) and AAOIFI membership agreements on ...
AAOIFI holds strategic meetings with regulators and stakeholders in Egypt

AAOIFI holds strategic meetings with regulators and stakeholders in Egypt

An official delegation from the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) headed by Mr. Omar Mustafa Ansari, ...
AAOIFI held two public hearing sessions on the exposure draft of the governance standard “Syndicated Financing”

AAOIFI held two public hearing sessions on the exposure draft of the governance standard “Syndicated Financing”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) recently held two public hearings sessions on the exposure draft ...
AAOIFI issues the exposure draft of the governance standard “Syndicated Financing” in Arabic and announces the date for its next public hearing

AAOIFI issues the exposure draft of the governance standard “Syndicated Financing” in Arabic and announces the date for its next public hearing

AAOIFI completed the Arabic translation of the exposure draft of governance standard “Syndicated financing”. The English version of the exposure ...
Post-Public Consultation Update and Clarifications on the Exposure Draft of the IFSB-AAOIFI Revised Sharī’ah Governance Framework

Post-Public Consultation Update and Clarifications on the Exposure Draft of the IFSB-AAOIFI Revised Sharī’ah Governance Framework

The Islamic Financial Services Board (IFSB) and the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) have now completed ...
AAB decides to defer effective date of AAOIFI FAS 1 “General Presentation and Disclosures in the Financial Statements” to 1 January 2024

AAB decides to defer effective date of AAOIFI FAS 1 “General Presentation and Disclosures in the Financial Statements” to 1 January 2024

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 29th meeting on 25-26 ...
AAB concludes on Shari’ah and stakeholders’ financial reporting issues in hyperinflation faced by Islamic financial institutions and initiates development of a financial accounting standard on the topic

AAB concludes on Shari’ah and stakeholders’ financial reporting issues in hyperinflation faced by Islamic financial institutions and initiates development of a financial accounting standard on the topic

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 29th meeting on 25-26 ...
AAOIFI Accounting Board held its 29th meeting, approving exposure draft of its standard “Off-Balance-Sheet assets under management”

AAOIFI Accounting Board held its 29th meeting, approving exposure draft of its standard “Off-Balance-Sheet assets under management”

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its ...
AAOIFI holds strategic meetings with regulators and stakeholders in Türkiye

AAOIFI holds strategic meetings with regulators and stakeholders in Türkiye

An official delegation from the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) headed by the Secretary General of ...
AAOIFI Governance and Ethics Board holds its 27th meeting and a public hearing in Türkiye in collaboration with TKBB

AAOIFI Governance and Ethics Board holds its 27th meeting and a public hearing in Türkiye in collaboration with TKBB

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 27th meeting of its Governance and Ethics Board ...
17th AAOIFI – IsDB Conference to Be Held in Bahrain  27- 28 November 2022 Crowne Plaza, Bahrain

17th AAOIFI – IsDB Conference to Be Held in Bahrain 27- 28 November 2022 Crowne Plaza, Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) together with the Islamic Development Bank Group (IsDB), represented by ...
Invitation for AAOIFI public hearing – 8 September 2022.

Invitation for AAOIFI public hearing – 8 September 2022.

Greetings from the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)! AAOIFI is pleased to invite you to its ...
AAOIFI conducts two public hearing sessions on Takaful exposure drafts

AAOIFI conducts two public hearing sessions on Takaful exposure drafts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held, via video conferencing, two public hearing sessions both in ...
Invitation for AAOIFI Public Hearings – (22-23 August 2022)

Invitation for AAOIFI Public Hearings – (22-23 August 2022)

Greetings from the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)! AAOIFI is pleased to invite you to its ...
AAOIFI embarks on a digital transformation and process automation journey

AAOIFI embarks on a digital transformation and process automation journey

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has taken the initiative to leverage various technologies, applications and ...
State Bank of Pakistan adopts additional four new AAOIFI Shari’ah standards

State Bank of Pakistan adopts additional four new AAOIFI Shari’ah standards

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to learn that the State Bank of Pakistan has ...
AAOIFI signs key strategic partnerships at its 20th Shari'ah Boards Conference and Kazan Summit 2022

AAOIFI signs key strategic partnerships at its 20th Shari’ah Boards Conference and Kazan Summit 2022

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) signed memoranda of understanding (MOUs) and AAOIFI membership agreements on the ...
AAOIFI Accounting Board held its 2nd meeting for 2022, approving exposure draft of its standard on control

AAOIFI Accounting Board held its 2nd meeting for 2022, approving exposure draft of its standard on control

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its ...
AAOIFI and the IFSB issue the exposure draft of the joint standard “Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services” officially in Arabic

AAOIFI and the IFSB issue the exposure draft of the joint standard “Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services” officially in Arabic

The translation committee of AAOIFI Governance and Ethics Board (AGEB) approved the issuance of the Arabic version of the exposure ...
The AAOIFI Governance and Ethics Board holds its 25th meeting and approves, in principle, the exposure draft of a governance standard on development and governance of Shari’ah compliant benchmark rates

The AAOIFI Governance and Ethics Board holds its 25th meeting and approves, in principle, the exposure draft of a governance standard on development and governance of Shari’ah compliant benchmark rates

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the 25th meeting of its Governance and Ethics Board ...
Public Hearing on the Exposure Draft of the “IFSB-AAOIFI Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services”

Public Hearing on the Exposure Draft of the “IFSB-AAOIFI Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in collaboration with the Islamic Financial Services Board (IFSB) held ...
AAOIFI successfully concludes the 20th AAOIFI Annual Shari’ah Boards Conference in Bahrain

AAOIFI successfully concludes the 20th AAOIFI Annual Shari’ah Boards Conference in Bahrain

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) hosted 20th AAOIFI Annual Shari’ah Boards Conference in Bahrain at the ...
Bahrain set to host the AAOIFI 20th Annual Shari’ah Boards Conference on 15th and 16th May 2022 at the Gulf Hotel

Bahrain set to host the AAOIFI 20th Annual Shari’ah Boards Conference on 15th and 16th May 2022 at the Gulf Hotel

The Kingdom of Bahrain is set to host the 20th Annual Shari’ah Boards Conference organised by the Accounting and Auditing ...
AAOIFI issues Financial Accounting Standard 39 “Financial Reporting for Zakah” officially in Arabic

AAOIFI issues Financial Accounting Standard 39 “Financial Reporting for Zakah” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved the issuance of the Arabic version of Financial Accounting Standard ...
AAOIFI issues Financial Accounting Standard 35 “Risk Reserves” officially in Arabic

AAOIFI issues Financial Accounting Standard 35 “Risk Reserves” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved the issuance of the Arabic version of Financial Accounting Standard ...
The AAOIFI and IFSB jointly issued exposure draft of “IFSB-AAOIFI Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services (RSGF)”

The AAOIFI and IFSB jointly issued exposure draft of “IFSB-AAOIFI Revised Shari’ah Governance Framework for Institutions Offering Islamic Financial Services (RSGF)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in collaboration with the Islamic Financial Services Board (IFSB) issued ...
AAOIFI holds a focus group roundtable on illustrative financial statements in line with the Financial Accounting Standard 1 (Revised 2021) “General Presentation and Disclosures in the Financial Statements”

AAOIFI holds a focus group roundtable on illustrative financial statements in line with the Financial Accounting Standard 1 (Revised 2021) “General Presentation and Disclosures in the Financial Statements”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) organised a focus group roundtable aiming to hold discussions on the ...
AAOIFI conducts a Takaful public hearing with industry experts

AAOIFI conducts a Takaful public hearing with industry experts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing, via video conferencing, on exposure drafts ...
AAOIFI Accounting Board held its 1st meeting for 2022 and approved FAS 41 “Interim Financial Reporting” in principle

AAOIFI Accounting Board held its 1st meeting for 2022 and approved FAS 41 “Interim Financial Reporting” in principle

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its ...
AAOIFI issues Financial Accounting Standard 30 “Impairment, Credit Losses and Onerous Commitments” officially in Arabic

AAOIFI issues Financial Accounting Standard 30 “Impairment, Credit Losses and Onerous Commitments” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalised and approved the issuance of the Arabic version of Financial Accounting Standard ...
The AAOIFI Governance and Ethics Board holds its 24th meeting and approves, in principle, the exposure draft of the governance standard on Shari’ah compliance and fiduciary ratings of Sukuk and other Islamic finance instruments

The AAOIFI Governance and Ethics Board holds its 24th meeting and approves, in principle, the exposure draft of the governance standard on Shari’ah compliance and fiduciary ratings of Sukuk and other Islamic finance instruments

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 24th meeting of its Governance and Ethics Board ...
AAOIFI 20th Annual Shari’ah Boards Conference to be held on 15-16 May 2022

AAOIFI 20th Annual Shari’ah Boards Conference to be held on 15-16 May 2022

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), under the auspices of the Central Bank of Bahrain will ...
AAOIFI conducts a Takaful Roundtable with Takaful industry experts

AAOIFI conducts a Takaful Roundtable with Takaful industry experts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a roundtable, via video conferencing, on its exposure ...
AAOIFI Accounting Board held its last meeting for 2021 and approved the standard on “Financial Reporting for Islamic Finance Windows” in principle

AAOIFI Accounting Board held its last meeting for 2021 and approved the standard on “Financial Reporting for Islamic Finance Windows” in principle

The Accounting Board (AAB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its ...
AAOIFI holds online public hearings for two exposure drafts issued by its Governance and Ethics Board (AGEB)

AAOIFI holds online public hearings for two exposure drafts issued by its Governance and Ethics Board (AGEB)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held public hearings on Monday, 31 January 2022, via video ...
AAOIFI and Bank of Algeria sign an MOU for joint collaboration as part of efforts to enhance Islamic Finance industry in Algeria

AAOIFI and Bank of Algeria sign an MOU for joint collaboration as part of efforts to enhance Islamic Finance industry in Algeria

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Bank of Algeria recently signed a memorandum of understanding (MOU) ...
More than 45 regulatory and supervisory institutions attended the 1st roundtable organised by AAOIFI in collaboration with IFSB and IIFM on alternative benchmark rates

More than 45 regulatory and supervisory institutions attended the 1st roundtable organised by AAOIFI in collaboration with IFSB and IIFM on alternative benchmark rates

Accounting and Auditing Organisations for Islamic Financial Institutions (AAOIFI) in collaboration with Islamic Financial Services Board (IFSB) and International Islamic ...
Azentio awarded AAOIFI’s certificate of compliance for iMAL™ R14.5

Azentio awarded AAOIFI’s certificate of compliance for iMAL™ R14.5

SINGAPORE, December 30, 2021 – Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today ...
AAOIFI issues Financial Accounting Standard (FAS) 40 “Financial Reporting for Islamic Finance Windows”

AAOIFI issues Financial Accounting Standard (FAS) 40 “Financial Reporting for Islamic Finance Windows”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI issues Financial Accounting Standard (FAS) 39 “Financial Reporting for Zakah”

AAOIFI issues Financial Accounting Standard (FAS) 39 “Financial Reporting for Zakah”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI issues Financial Accounting Standard 1 (Revised 2021) “General Presentation and Disclosures in the Financial Statements”

AAOIFI issues Financial Accounting Standard 1 (Revised 2021) “General Presentation and Disclosures in the Financial Statements”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
The AAOIFI Governance and Ethics Board (AGEB) issues syndicated financing exposure draft

The AAOIFI Governance and Ethics Board (AGEB) issues syndicated financing exposure draft

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 23rd meeting of its Governance and Ethics Board ...
The AAOIFI Governance and Ethics Board holds its 23rd meeting physically in Bahrain and approves the exposure draft of governance standard on syndicated financing

The AAOIFI Governance and Ethics Board holds its 23rd meeting physically in Bahrain and approves the exposure draft of governance standard on syndicated financing

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 23rd meeting of its Governance and Ethics Board ...
AAOIFI held the third meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed one AAOIFI Financial Accounting Standard and three AAOIFI Governance Standards

AAOIFI held the third meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed one AAOIFI Financial Accounting Standard and three AAOIFI Governance Standards

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the third meeting of the newly constituted Public Interest ...
AAOIFI and Islamic Development Bank successfully held 16th annual conference in Bahrain on 1-2 December 2021

AAOIFI and Islamic Development Bank successfully held 16th annual conference in Bahrain on 1-2 December 2021

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB) successfully held the 16th annual ...
AAOIFI issues exposure draft on “Interim Financial Reporting” and invites opinion from Islamic Finance Industry

AAOIFI issues exposure draft on “Interim Financial Reporting” and invites opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) approved the issuance of the ...
16th AAOIFI – IsDB Conference Set to be Held in Bahrain on 1-2 December 2021

16th AAOIFI – IsDB Conference Set to be Held in Bahrain on 1-2 December 2021

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Development Bank (IsDB), represented by the IsDB ...
AAOIFI and IIRA sign MOU at the AAOIFI 19th Shari’ah Board Conference to strengthen cooperation and achieve shared goals

AAOIFI and IIRA sign MOU at the AAOIFI 19th Shari’ah Board Conference to strengthen cooperation and achieve shared goals

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic International Rating Agency (IIRA) signed a Memorandum of ...
The AAOIFI Governance and Ethics Board (AGEB) issues Islamic crowdfunding exposure draft

The AAOIFI Governance and Ethics Board (AGEB) issues Islamic crowdfunding exposure draft

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in the 21st meeting of its Governance and Ethics Board ...
AAOIFI held the second meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed five forthcoming AAOIFI financial accounting standards

AAOIFI held the second meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and discussed five forthcoming AAOIFI financial accounting standards

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the second meeting of the newly constituted Public Interest ...
The AAOIFI Governance and Ethics Board holds its 22nd meeting and discusses the exposure draft of IFSB-AAOIFI Revised Guiding Principles on Shari’ah Governance Framework for Institutions Offering Islamic Financial Services (RSGF)

The AAOIFI Governance and Ethics Board holds its 22nd meeting and discusses the exposure draft of IFSB-AAOIFI Revised Guiding Principles on Shari’ah Governance Framework for Institutions Offering Islamic Financial Services (RSGF)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 22nd meeting of its Governance and Ethics Board ...
AAOIFI Accounting Board held its 25th meeting and approved in principle two final standards, revised FAS 1 and “Financial Reporting for Zakah” and the exposure draft on “interim financial reporting”

AAOIFI Accounting Board held its 25th meeting and approved in principle two final standards, revised FAS 1 and “Financial Reporting for Zakah” and the exposure draft on “interim financial reporting”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 25th meeting on ...
AAOIFI and the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market signed a Memorandum of Understanding for mutual cooperation in the field of Islamic banking and finance

AAOIFI and the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market signed a Memorandum of Understanding for mutual cooperation in the field of Islamic banking and finance

Under the agreement, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Agency of the Republic of ...
AAOIFI 19th Annual Shari’ah Boards Conference set to be held on 12th and 13th October virtually

AAOIFI 19th Annual Shari’ah Boards Conference set to be held on 12th and 13th October virtually

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to announce the 19th Annual Shari’ah Boards Conference ...
AAOIFI Shari’ah Board Approves and Issues Shari’ah Standard “Payment Cards”

AAOIFI Shari’ah Board Approves and Issues Shari’ah Standard “Payment Cards”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to announce that its Shari’ah Board has approved ...
AAOIFI issues exposure draft on “Financial Reporting for Islamic Financial Services Offered by Conventional Financial Institutions”

AAOIFI issues exposure draft on “Financial Reporting for Islamic Financial Services Offered by Conventional Financial Institutions”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) approved the issuance of the ...
AAOIFI issues exposure draft on “Accounting for Takaful: Recognition and Measurement” and invites opinion from Islamic Finance Industry

AAOIFI issues exposure draft on “Accounting for Takaful: Recognition and Measurement” and invites opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) approved the issuance of the ...
AAOIFI issued Financial Accounting Standard 34 “Financial Reporting for Sukuk-holders” officially in Arabic

AAOIFI issued Financial Accounting Standard 34 “Financial Reporting for Sukuk-holders” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalized and approved the issuance of the Arabic version of Financial Accounting Standard ...
AAOIFI Conducts Online Roundtable Event of FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions (Revised 2020)”

AAOIFI Conducts Online Roundtable Event of FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions (Revised 2020)”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a roundtable event with industry experts, via video conferencing, ...
AAOIFI conducts public hearing on exposure draft of Zakah FAS

AAOIFI conducts public hearing on exposure draft of Zakah FAS

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a virtual public hearing for the exposure draft of ...
AAOIFI held the inaugural meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and elects its chairman and deputy chairman

AAOIFI held the inaugural meeting of the Public Interest Monitoring Consultative Committee (PIMCC) and elects its chairman and deputy chairman

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the inaugural meeting of the newly constituted Public Interest ...
6th and 7th meetings of the AAOIFI Education Board conclude

6th and 7th meetings of the AAOIFI Education Board conclude

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conducted the sixth and the seventh meetings of the AAOIFI ...
AAOIFI Accounting Board held its 24th meeting and approved the exposure draft of “Accounting for Takaful: Recognition and Measurement” in principle.

AAOIFI Accounting Board held its 24th meeting and approved the exposure draft of “Accounting for Takaful: Recognition and Measurement” in principle.

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 24th meeting on ...
The AAOIFI Governance and Ethics Board approves, in principle, the exposure draft of the governance standard on Islamic crowdfunding in its 21st meeting

The AAOIFI Governance and Ethics Board approves, in principle, the exposure draft of the governance standard on Islamic crowdfunding in its 21st meeting

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 21st meeting of its Governance and Ethics Board ...
40 regulatory and supervisory institutions attend AAOIFI Regulators Roundtable

40 regulatory and supervisory institutions attend AAOIFI Regulators Roundtable

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) successfully organized the inaugural regulators roundtable on 7 June 2021, virtually ...
AAOIFI constitutes the Public Interest Monitoring Consultative Committee (PIMCC)

AAOIFI constitutes the Public Interest Monitoring Consultative Committee (PIMCC)

The Board of Trustees of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), as a part of strategic initiatives ...
AAOIFI issues updated ASIFI 6 “External Shari’ah Audit” with basis for conclusions appended thereto

AAOIFI issues updated ASIFI 6 “External Shari’ah Audit” with basis for conclusions appended thereto

The Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in its 20th ...
AAOIFI issued Financial Accounting Standard 37 “Financial reporting by Waqf institutions” officially in Arabic

AAOIFI issued Financial Accounting Standard 37 “Financial reporting by Waqf institutions” officially in Arabic

AAOIFI’s Accounting Board (AAB) Translation Committee has finalized and approved the issuance of the Arabic version of Accounting Standard FAS ...
AAOIFI invites industry to participate in revision of Financial Accounting Standards on Takaful survey

AAOIFI invites industry to participate in revision of Financial Accounting Standards on Takaful survey

In its continued pursuit to develop comprehensive financial accounting standards for the global Islamic finance industry a decision was taken ...
The AAOIFI Governance and Ethics Board holds its 20th meeting and discusses Islamic crowdfunding exposure draft

The AAOIFI Governance and Ethics Board holds its 20th meeting and discusses Islamic crowdfunding exposure draft

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 20th meeting of its Governance and Ethics Board ...
AAOIFI Accounting Board held its 23rd meeting and approved exposure draft of revised FAS 18

AAOIFI Accounting Board held its 23rd meeting and approved exposure draft of revised FAS 18

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 23rd meeting on ...
Shari’ah Board of AAOIFI issues a new standard on “Payment Cards” and approves reconstitution of its four sub-committees

Shari’ah Board of AAOIFI issues a new standard on “Payment Cards” and approves reconstitution of its four sub-committees

The Shari’ah Board of Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI) held its 67th meeting virtually. It endorsed ...
Islamic Finance Infrastructure Bodies AAOIFI and CIBAFI Sign Memorandum of Understanding (MOU) to Synergize Efforts for Industry Development

Islamic Finance Infrastructure Bodies AAOIFI and CIBAFI Sign Memorandum of Understanding (MOU) to Synergize Efforts for Industry Development

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the General Council for Islamic Banks and Financial Institutions (CIBAFI) ...
MANZIL BECOMES FIRST CANADIAN ASSOCIATE MEMBER OF AAOIFI  

MANZIL BECOMES FIRST CANADIAN ASSOCIATE MEMBER OF AAOIFI  

Manzil , a digital Islamic financial technology and alternative financing company announced today it has received an associate membership approval ...
AAOIFI issues exposure draft on “Presentation and Disclosures in the Financial Statements of Takaful Institutions” and invites opinion from Islamic Finance Industry

AAOIFI issues exposure draft on “Presentation and Disclosures in the Financial Statements of Takaful Institutions” and invites opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) approved the issuance of the ...
AAOIFI invites nominations for Public Interest Monitoring Consultative Committee

AAOIFI invites nominations for Public Interest Monitoring Consultative Committee

The Board of Trustees of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), as a part of strategic initiatives ...
AAOIFI GS 9 “Shari’ah Compliance Function” officially issued in Arabic

AAOIFI GS 9 “Shari’ah Compliance Function” officially issued in Arabic

AAOIFI’s Governance and Ethics Board (AGEB) Translation Committee has finalized and approved the issuance of the Arabic version of Governance ...
AAOIFI makes all its standards accessible on its website on a complimentary basis

AAOIFI makes all its standards accessible on its website on a complimentary basis

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) announces the availability of all sets of its standards online ...
The Arab Monetary Fund and The Accounting and Auditing Organization for Islamic financial Institutions (AAOIFI) Join forces to Strengthen the Development of the Islamic Financial services Industry for the benefit of Arab Countries.

The Arab Monetary Fund and The Accounting and Auditing Organization for Islamic financial Institutions (AAOIFI) Join forces to Strengthen the Development of the Islamic Financial services Industry for the benefit of Arab Countries.

On Wednesday, January 06,2021, The Arab Monetary Fund (AMF) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ...
AAOIFI re-issues exposure draft on revised FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions”

AAOIFI re-issues exposure draft on revised FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in its continued endeavour to ...
AAOIFI Accounting Board held its 22nd meeting and approved reissuance of exposure draft of revised FAS 1 and illustrative financial statements

AAOIFI Accounting Board held its 22nd meeting and approved reissuance of exposure draft of revised FAS 1 and illustrative financial statements

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 22nd meeting (6th ...
AAOIFI issues revised “AAOIFI Conceptual Framework for Financial Reporting”

AAOIFI issues revised “AAOIFI Conceptual Framework for Financial Reporting”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) adopted and approved the issuance ...
The AAOIFI Governance and Ethics Board approves in principle the Shari’ah decision making (SDM) process exposure draft in its 19th meeting

The AAOIFI Governance and Ethics Board approves in principle the Shari’ah decision making (SDM) process exposure draft in its 19th meeting

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 19th meeting of its Governance and Ethics Board ...
AAOIFI issues standard on Waqf Governance

AAOIFI issues standard on Waqf Governance

The Governance and Ethics Board (AGEB / the board) of the Accounting and Auditing Organization for Islamic Financial institutions (AAOIFI) ...
AAOIFI issues Financial Accounting Standard 37 “Financial reporting by Waqf institutions”

AAOIFI issues Financial Accounting Standard 37 “Financial reporting by Waqf institutions”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI issues Financial Accounting Standard 38 “Wa’ad, Khiyar and Tahawwut”

AAOIFI issues Financial Accounting Standard 38 “Wa’ad, Khiyar and Tahawwut”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI & IsDB successfully concluded 15th AAOIFI - IsDB annual conference virtually

AAOIFI & IsDB successfully concluded 15th AAOIFI – IsDB annual conference virtually

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) successfully organized 15th AAOIFI - IsDB annual conference. The two-day virtual ...
The AAOIFI Governance and Ethics Board holds its 18th meeting and approves the work plan for the term (2020 -2023)

The AAOIFI Governance and Ethics Board holds its 18th meeting and approves the work plan for the term (2020 -2023)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 18th meeting of its Governance and Ethics Board ...
AAOIFI issues Financial Accounting Standard 36 “First time adoption of AAOIFI Financial Accounting Standards”

AAOIFI issues Financial Accounting Standard 36 “First time adoption of AAOIFI Financial Accounting Standards”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI Accounting Board holds its 21st meeting and principally approves the exposure draft on “Presentation and Disclosures in the Financial Statements of Takaful Institutions”

AAOIFI Accounting Board holds its 21st meeting and principally approves the exposure draft on “Presentation and Disclosures in the Financial Statements of Takaful Institutions”

The Accounting Board (AAB / the board) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 21st ...
AAOIFI conducts a public hearing webinar on FAS on Zakah

AAOIFI conducts a public hearing webinar on FAS on Zakah

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conducted an online public hearing session for its exposure drafts ...
15th AAOIFI – IsDB Conference on 14 and 15 December 2020 Virtual

15th AAOIFI – IsDB Conference on 14 and 15 December 2020 Virtual

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) together with Islamic Development Bank Group (IsDB) is set to ...
IIRA Issues Shari’ah Compliance and Fiduciary Rating of “SCFR (pk) 1” on the national scale to Faysal Bank Limited, Pakistan (Islamic Banking Division)

IIRA Issues Shari’ah Compliance and Fiduciary Rating of “SCFR (pk) 1” on the national scale to Faysal Bank Limited, Pakistan (Islamic Banking Division)

Islamic International Rating Agency (“IIRA”) has assessed the Shari’ah Compliance and Fiduciary Rating of Faysal Bank Limited (Islamic Banking Division) ...
AAOIFI successfully holds virtual launch event of AAOIFI Footprint Report 2020

AAOIFI successfully holds virtual launch event of AAOIFI Footprint Report 2020

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) launch its AAOIFI Footprint Report 2020 at an event held today ...
5th Meeting of the AAOIFI Education Board concludes

5th Meeting of the AAOIFI Education Board concludes

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) conducted the fifth meeting of its AAOIFI Education Board (AEB) ...
AAOIFI issues RFP for IT functionality of its taxonomy / codification project

AAOIFI issues RFP for IT functionality of its taxonomy / codification project

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has issued a request for proposal (RFP) for the IT ...
AAOIFI receives the GIFA 2020 award

AAOIFI receives the GIFA 2020 award

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to receive the Global Islamic Finance Award (GIFA) ...
The AAOIFI Governance and Ethics Board holds its 17th meeting and approves Waqf governance standard

The AAOIFI Governance and Ethics Board holds its 17th meeting and approves Waqf governance standard

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 17th meeting of its Governance and Ethics Board ...
AAOIFI 18th Annual Shari’ah Boards Conference set to be held on 25th and 26th October 2020 virtually

AAOIFI 18th Annual Shari’ah Boards Conference set to be held on 25th and 26th October 2020 virtually

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to announce the 18th Annual Shari’ah Boards Conference ...
AAOIFI Accounting Board holds its 20th meeting and in principle approves the revised AAOIFI “Conceptual framework for financial reporting”

AAOIFI Accounting Board holds its 20th meeting and in principle approves the revised AAOIFI “Conceptual framework for financial reporting”

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 20th meeting via video ...
AAOIFI awarded ACCA Approved Employer status

AAOIFI awarded ACCA Approved Employer status

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is pleased to announce that it has been awarded gold ...
AAOIFI Accounting Board holds its 19th meeting and in principle approves AAOIFI FAS “First Time Adoption of AAOIFI Financial Accounting Standards”

AAOIFI Accounting Board holds its 19th meeting and in principle approves AAOIFI FAS “First Time Adoption of AAOIFI Financial Accounting Standards”

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 19th meeting via video ...
AAOIFI conducts public hearings on two exposure drafts

AAOIFI conducts public hearings on two exposure drafts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held two public hearing webinar to present and discuss the ...
AAOIFI conducts series of online technical workshops

AAOIFI conducts series of online technical workshops

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) recently concluded a series of online technical workshops covering all ...
Extension of the effective date of AAOIFI FASs

Extension of the effective date of AAOIFI FASs

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 18th meeting on 22-23 ...
Clarification on applicability to FAS 30 to Takaful entities

Clarification on applicability to FAS 30 to Takaful entities

The Accounting Board (AAB) of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held its 18th meeting on 22-23 ...
AAOIFI Accounting Board principally adopts FAS on Waqf and extends the effective date of the recently issued AAOIFI FASs

AAOIFI Accounting Board principally adopts FAS on Waqf and extends the effective date of the recently issued AAOIFI FASs

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held its Accounting Board (AAB) on 22-23 June 2020 via ...
The AAOIFI Governance and Ethics Board holds its 16th meeting to discuss the Waqf governance standard

The AAOIFI Governance and Ethics Board holds its 16th meeting to discuss the Waqf governance standard

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 16th meeting of its Governance and Ethics Board ...
AAOIFI issues exposure draft on Financial Accounting Standard (FAS) on “Financial Reporting for Zakah”

AAOIFI issues exposure draft on Financial Accounting Standard (FAS) on “Financial Reporting for Zakah”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB) has issued of the exposure draft of ...
AAOIFI mourns the demise of Haj Saeed Bin Ahmed Al Lootah

AAOIFI mourns the demise of Haj Saeed Bin Ahmed Al Lootah

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) mourns the loss of Haj Saeed Bin Ahmed Al Lootah ...
AAOIFI Governance and Ethics Board issues a statement on “Application of AAOIFI governance, ethics and auditing standards in view of the impact of COVID-19 pandemic”

AAOIFI Governance and Ethics Board issues a statement on “Application of AAOIFI governance, ethics and auditing standards in view of the impact of COVID-19 pandemic”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has been closely monitoring the current economic situation during COVID-19 ...
AAOIFI Conducts Online Roundtable Event for FAS on Waqf

AAOIFI Conducts Online Roundtable Event for FAS on Waqf

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a roundtable event, via video conferencing, on its exposure ...
The AAOIFI Governance and Ethics Board holds its 15th meeting and approves the statement on application of AAOIFI governance, ethics and auditing standards in view of the impact of COVID-19 pandemic

The AAOIFI Governance and Ethics Board holds its 15th meeting and approves the statement on application of AAOIFI governance, ethics and auditing standards in view of the impact of COVID-19 pandemic

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 15th meeting of its Governance and Ethics Board ...
AAOIFI and UNHCR Sign an MOU For joint initiatives and collaboration to enhance Islamic social finance

AAOIFI and UNHCR Sign an MOU For joint initiatives and collaboration to enhance Islamic social finance

In a bid to strengthen collaboration and governance in the area of Islamic social finance, the UN Refugee Agency, UNHCR ...
AAOIFI Accounting Board issues a statement on “Accounting implications of the impact of COVID-19 pandemic”

AAOIFI Accounting Board issues a statement on “Accounting implications of the impact of COVID-19 pandemic”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has been closely monitoring the current economic situation and is ...
AAOIFI mourns the sad demise of Sheikh Saleh Abdullah Kamel

AAOIFI mourns the sad demise of Sheikh Saleh Abdullah Kamel

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) deeply mourns the loss of Sheikh Saleh Abdullah Kamel—one of ...
AAOIFI concluded first global Islamic Finance Virtual Forum on COVID-19

AAOIFI concluded first global Islamic Finance Virtual Forum on COVID-19

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) successfully organized its first Islamic Finance Virtual Forum on “Covid-19 Economic ...
AAOIFI organizes an Islamic Finance Virtual Forum titled ‘COVID-19 Economic Implications, Islamic Finance and the Way Forward’

AAOIFI organizes an Islamic Finance Virtual Forum titled ‘COVID-19 Economic Implications, Islamic Finance and the Way Forward’

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in collaboration with the Islamic Research and Training Institute (IRTI) ...
The newly formed AAOIFI Accounting Board held its 1st meeting

The newly formed AAOIFI Accounting Board held its 1st meeting

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the first meeting of its newly formed Accounting Board ...
AAOIFI issues CPD Policy for its CIPA and CSAA Fellows

AAOIFI issues CPD Policy for its CIPA and CSAA Fellows

The AAOIFI Education Board (AEB) has approved the issuance of the Continuing Professional Development (CPD) policy for its CIPA (Certified ...
The newly formed AAOIFI Governance and Ethics Board held its 1st meeting

The newly formed AAOIFI Governance and Ethics Board held its 1st meeting

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the first meeting of its newly formed Governance and ...
AAOIFI – Refresher Workshop

AAOIFI – Refresher Workshop

AAOIFI has considered the current regional and global situation in the aftermath of Corona virus (COVID - 19) outbreak and ...
Press Release AAOIFI 18th Annual Shari’ah Boards conference

Press Release AAOIFI 18th Annual Shari’ah Boards conference

AAOIFI has considered the current regional and global situation in the aftermath of Corona virus (COVID - 19) outbreak and ...
CBB recognizes AAOIFI fellowships (CIPA and CSAA) in its Fit and Proper criteria for various controlled functions

CBB recognizes AAOIFI fellowships (CIPA and CSAA) in its Fit and Proper criteria for various controlled functions

The Central Bank of Bahrain (CBB) has formally recognized the two professional fellowships offered by the Accounting and Auditing Organization ...
AAOIFI conducts a Public Hearing session for FAS on Waqf

AAOIFI conducts a Public Hearing session for FAS on Waqf

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held its first public hearing session for the year 2020 ...
AAOIFI appoints members of its new technical boards after extensive selection process

AAOIFI appoints members of its new technical boards after extensive selection process

The Board of Trustees of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has announced the formation of ...
AAOIFI Governance and Ethics Board (AGEB) approves one-time optional deferment on long form report for External Shari’ah Audit under ASIFI 6

AAOIFI Governance and Ethics Board (AGEB) approves one-time optional deferment on long form report for External Shari’ah Audit under ASIFI 6

The AAOIFI Governance and Ethics Board (AGEB) ratified an amendment related to the auditing standard for Islamic Financial Institutions No ...
AAOIFI issues the final standard on “Code of ethics for Islamic finance professionals” for industry adoption

AAOIFI issues the final standard on “Code of ethics for Islamic finance professionals” for industry adoption

The Governance and Ethics Board (AGEB / the board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ...
AAOIFI 18th Annual Shari’ah Boards Conference set to be held on 17 and 18 March 2020

AAOIFI 18th Annual Shari’ah Boards Conference set to be held on 17 and 18 March 2020

We would like to firstly thank you for your support of Accounting and Auditing Organisation for Islamic Financial Institutions (#AAOIFI) ...
AAOIFI grants compatibility of compliance certificate  to iMAL Islamic financial software of Path Solution

AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solution

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) carried out a rigorous process of testing the compliance of ...
AAOIFI issues three final governance standards for industry adoption

AAOIFI issues three final governance standards for industry adoption

The Governance and Ethics Board (AGEB / board) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) issued ...
AAOIFI issues exposure draft on “Financial Reporting by Waqf Institutions” and invites opinion from Islamic Finance Industry

AAOIFI issues exposure draft on “Financial Reporting by Waqf Institutions” and invites opinion from Islamic Finance Industry

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB) in its 16th AAB meeting held on ...
AAOIFI issues exposure draft on revised FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions

AAOIFI issues exposure draft on revised FAS 1 “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in its continued endeavor to ...
AAOIFI officially publishes the exposure draft of the revised “AAOIFI Conceptual Framework for Financial Reporting by Islamic Financial Institutions”

AAOIFI officially publishes the exposure draft of the revised “AAOIFI Conceptual Framework for Financial Reporting by Islamic Financial Institutions”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published the exposure ...
AAOIFI issues Financial Accounting Standard 32 “Ijarah”

AAOIFI issues Financial Accounting Standard 32 “Ijarah”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI conducts a Public Hearing session in Kingdom of Saudi Arabia

AAOIFI conducts a Public Hearing session in Kingdom of Saudi Arabia

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a public hearing session on AAOIFI Financial Accounting Standard ...
AAOIFI Accounting Board hold its 16th meeting and approves issuance of FAS on “Ijarah”

AAOIFI Accounting Board hold its 16th meeting and approves issuance of FAS on “Ijarah”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 16th meeting of its Accounting Board (AAB) on 31 ...
Accounting and Auditing Organization for Islamic Financial Institutions and Komite Nasional Keuangan Syariah sign an MOU for joint and mutual collaboration

Accounting and Auditing Organization for Islamic Financial Institutions and Komite Nasional Keuangan Syariah sign an MOU for joint and mutual collaboration

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Komite Nasional Keuangan Syariah (KNKS) - Indonesia’s National Committee for ...
AAOIFI is Standards and Knowledge Partner at the WIBC 2019 to be held in Bahrain

AAOIFI is Standards and Knowledge Partner at the WIBC 2019 to be held in Bahrain

Held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, The Prime Minister of the Kingdom of Bahrain ...
14th AAOIFI – World Bank Conference successfully concluded with special announcement by the President of IsDB

14th AAOIFI – World Bank Conference successfully concluded with special announcement by the President of IsDB

The 14th annual AAOIFI – World Bank Conference organized under the auspices of the Central Bank of Bahrain concluded successfully ...
AAOIFI launches the CIPA and CSAA Scholarship Program

AAOIFI launches the CIPA and CSAA Scholarship Program

AAOIFI has recently launched the Scholarship Program for its ‘Certified Islamic Professional Accountant’ (CIPA) and the ‘Certified Shariah Advisor and ...
14th AAOIFI – World Bank Conference on 3rd and 4th of November 2019

14th AAOIFI – World Bank Conference on 3rd and 4th of November 2019

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is set to host the 14th edition of its annual ...
AAOIFI issues exposure draft on “First Time Adoption of AAOIFI Financial Accounting Standards”

AAOIFI issues exposure draft on “First Time Adoption of AAOIFI Financial Accounting Standards”

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB) in its 15th AAB meeting held on ...
AAOIFI convenes 13th meeting of its Governance and Ethics Board in Bahrain

AAOIFI convenes 13th meeting of its Governance and Ethics Board in Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 13th meeting of its Governance and Ethics Board ...
AAOIFI launches the CIPA and CSAA Scholarship Program

AAOIFI launches the CIPA and CSAA Scholarship Program

AAOIFI has recently launched the Scholarship Program for its ‘Certified Islamic Professional Accountant’ (CIPA) and the ‘Certified Shariah Advisor and ...
AAOIFI Accounting Board Holds its 15th Meeting and Approves Exposure Draft on “First Time Adoption of AAOIFI Financial Accounting Standards”

AAOIFI Accounting Board Holds its 15th Meeting and Approves Exposure Draft on “First Time Adoption of AAOIFI Financial Accounting Standards”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 15th meeting of the its Accounting Board (AAB) on ...
AAOIFI Conducts Roundtable on Ijarah Accounting in Bahrain

AAOIFI Conducts Roundtable on Ijarah Accounting in Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a roundtable event on its exposure draft on Financial ...
AAOIFI Governance and Ethics Board approves Basis for Conclusions for two governance standards

AAOIFI Governance and Ethics Board approves Basis for Conclusions for two governance standards

The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Governance and Ethics Board (AGEB) has approved the Basis for ...
AAOIFI-World Bank 14th Annual Conference set to be held on 3 and 4 November 2019

AAOIFI-World Bank 14th Annual Conference set to be held on 3 and 4 November 2019

Accounting and Auditing Organization for Islamic Financial Institutions (#AAOIFI) is pleased to announce the convention of its upcoming AAOIFI – ...
AAOIFI holds public meeting and convenes 12th meeting of its Governance and Ethics Board in Pakistan

AAOIFI holds public meeting and convenes 12th meeting of its Governance and Ethics Board in Pakistan

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held 12th meeting of its Governance and Ethics Board (AGEB) recently ...
AAOIFI issues exposure draft on ‘code of ethics for Islamic finance professionals’ and invites opinions from Islamic finance industry

AAOIFI issues exposure draft on ‘code of ethics for Islamic finance professionals’ and invites opinions from Islamic finance industry

The AAOIFI Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) recently approved ...
AAOIFI invites nominations for its technical boards

AAOIFI invites nominations for its technical boards

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is inviting nominations for candidates to serve on its technical boards ...
AAOIFI Accounting Board Meeting No. 14 Held in Istanbul, Turkey

AAOIFI Accounting Board Meeting No. 14 Held in Istanbul, Turkey

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 14th meeting of the its Accounting Board (AAB) on ...
Job vacancy - Senior Manager

Job vacancy – Senior Manager

Overview Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) seeks to employ a Senior Manager for implementation / ...
AAOIFI conducts a two-day Public Hearing session in Bahrain

AAOIFI conducts a two-day Public Hearing session in Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), conducted a two-day public hearing session in Bahrain for its ...
AAOIFI conducts a 2-day Sensitization Session at TKBB, Turkey

AAOIFI conducts a 2-day Sensitization Session at TKBB, Turkey

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a focused training course on AAOIFI financial accounting ...
AAOIFI holds Public Hearing for its Exposure Drafts in Egypt

AAOIFI holds Public Hearing for its Exposure Drafts in Egypt

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held recently a public hearing of exposure drafts of two of ...
Workshop on Internal Shariah Audit standard held in collaboration with Meezan Bank

Workshop on Internal Shariah Audit standard held in collaboration with Meezan Bank

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in collaboration with Meezan held a workshop on its exposure ...
Public Hearing of AAOIFI’s Draft Standards Held in Collaboration with SBP and ICAP

Public Hearing of AAOIFI’s Draft Standards Held in Collaboration with SBP and ICAP

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in collaboration with State Bank of Pakistan (SBP) and the ...
Public Hearing of AAOIFI’s Draft Standard held at Capital Market Authority

Public Hearing of AAOIFI’s Draft Standard held at Capital Market Authority

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing of its exposure draft on “Sukuk Governance” ...
AAOIFI Governance and Ethics Board approves in principle standard on Shari’ah compliance and fiduciary ratings for Islamic financial institutions

AAOIFI Governance and Ethics Board approves in principle standard on Shari’ah compliance and fiduciary ratings for Islamic financial institutions

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held recently its 11th meeting of its Governance and Ethics ...
AAOIFI held the 13th Accounting Board Meeting and concludes on the AAOIFI FAS review and revision project

AAOIFI held the 13th Accounting Board Meeting and concludes on the AAOIFI FAS review and revision project

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 13th meeting of its Accounting Board (AAB) on ...
AAOIFI Board of Trustees appoints new Secretary General

AAOIFI Board of Trustees appoints new Secretary General

The Board of Trustees of the the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) appointed Mr. Omar Mustafa ...
AAOIFI’s Shari’ah Conference, 17th Edition, Convenes coming Sunday amidst High-Level International Participation

AAOIFI’s Shari’ah Conference, 17th Edition, Convenes coming Sunday amidst High-Level International Participation

The Annual Shari’ah Boards Conference, edition No. 17, will be held on Sunday and Monday 7 and 8 April 2019, ...
AAOIFI Holds Public Hearing Event in Adu Dhabi

AAOIFI Holds Public Hearing Event in Adu Dhabi

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing event on AAOIFI Financial Accounting Standard ...
GSIFI 8 “Central Shari’ah Board” Officially Issued in Arabic

GSIFI 8 “Central Shari’ah Board” Officially Issued in Arabic

The Governance and Ethics Board (AGEB) Translation Committee has finalized and approved the issuance of the Arabic version of Goverance ...
AAOIFI Held 10th meeting of its Governance and Ethics Board in Bahrain

AAOIFI Held 10th meeting of its Governance and Ethics Board in Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 10th meeting of its Governance and Ethics Board ...
AAOIFI Financial Accounting Standard  No. 28 ‘Murabaha and Other Deferred Payment Sales’  Officially Issued in Arabic

AAOIFI Financial Accounting Standard No. 28 ‘Murabaha and Other Deferred Payment Sales’ Officially Issued in Arabic

AAOIFI Financial Accounting Standards Translation Committee has finalized and approved the issuance of the Arabic version of Financial Accounting Standard ...
AAOIFI held the 12th Accounting Board Meeting, Approves Exposure Draft on Financial Accounting Standard (FAS) on ‘Wa’ad, Khiyar and Tahawwut’

AAOIFI held the 12th Accounting Board Meeting, Approves Exposure Draft on Financial Accounting Standard (FAS) on ‘Wa’ad, Khiyar and Tahawwut’

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 12th meeting of its Accounting Board (AAB) recently ...
AAOIFI organizes roundtable to review and revise its Financial Accounting Standards

AAOIFI organizes roundtable to review and revise its Financial Accounting Standards

In its pursuit to align itself to the evolving industry accounting practices and further develop a comprehensive set of financial ...
Bahrain-based standard-setting bodies AAOIFI and IIFM sign MoU to strengthen the Islamic finance industry

Bahrain-based standard-setting bodies AAOIFI and IIFM sign MoU to strengthen the Islamic finance industry

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the International Islamic Financial Market (IIFM) have signed a ...
AAOIFI Issues FAS 33 “Investments in Sukuk, Shares and Similar Instruments” and FAS 34 “Financial Reporting for Sukuk-holders”

AAOIFI Issues FAS 33 “Investments in Sukuk, Shares and Similar Instruments” and FAS 34 “Financial Reporting for Sukuk-holders”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI Issues Exposure Draft on Financial Accounting Standard (FAS) on “Wa’ad, Khiyar and Tahawwut” and Invites Opinion from Islamic Finance Industry

AAOIFI Issues Exposure Draft on Financial Accounting Standard (FAS) on “Wa’ad, Khiyar and Tahawwut” and Invites Opinion from Islamic Finance Industry

The AAB in its 12th meeting held in Bahrain on 29-30 of November 2018 approved the  issuance  of  exposure draft ...
AAOIFI Issues Exposure Draft on Financial Accounting Standard (FAS) on “Ijarah” and Invites Opinion from Islamic Finance Industry

AAOIFI Issues Exposure Draft on Financial Accounting Standard (FAS) on “Ijarah” and Invites Opinion from Islamic Finance Industry

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Accounting Board (AAB) approved recently the issuance of its Financial ...
AAOIFI Issues Exposure Draft on Waqf Governance

AAOIFI Issues Exposure Draft on Waqf Governance

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has issued the exposure draft on Governance Standard for Islamic ...
AAOIFI Publishes Exposure Draft on Sukuk Governance and Invites Opinion from Islamic Finance Industry

AAOIFI Publishes Exposure Draft on Sukuk Governance and Invites Opinion from Islamic Finance Industry

AAOIFI Governance and Ethics Board (AGEB) in its 9th meeting held in Bahrain on 29-30 Safar 1440H, corresponding to the ...
AAOIFI Launches its Shari’ah Standards Urdu Translation in Pakistan

AAOIFI Launches its Shari’ah Standards Urdu Translation in Pakistan

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in collaboration with the Islamic banking industry of Pakistan, launched ...
AAOIFI and Path Solutions sign agreement to pursue and maintain certification

AAOIFI and Path Solutions sign agreement to pursue and maintain certification

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Path Solutions signed an agreement for the renewal of certification ...
AAOIFI Issues Guidance Note (GN) No. 02 “Auditor’s Report”

AAOIFI Issues Guidance Note (GN) No. 02 “Auditor’s Report”

AAOIFI’s  Professional Auditing Standards Committee (PASC)  issued Guidance Note No. 02  “Auditor’s Report” which was ratified by AAOIFI’s Governance and ...
AAOIFI Issues a Detailed Report on AAOIFI World Bank 13th Annual Conference & Announces its Two Upcoming Conferences for 2019

AAOIFI Issues a Detailed Report on AAOIFI World Bank 13th Annual Conference & Announces its Two Upcoming Conferences for 2019

AAOIFI has issued a detailed report on the AAOIFI World Bank 13th Annual Conference which was held in the Kingdom ...
AAOIFI Governance and Ethics Board Approves in Principle Exposure Draft on ‘Sukuk Governance’

AAOIFI Governance and Ethics Board Approves in Principle Exposure Draft on ‘Sukuk Governance’

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the ninth meeting of its Governance and Ethics Board ...
AAOIFI Holds Public Hearings in Oman for Two New Exposure Drafts

AAOIFI Holds Public Hearings in Oman for Two New Exposure Drafts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a Public Hearing event at the head office of ...
Islamic Finance Standard-Setting Bodies AAOIFI and IFSB Join Forces to Strengthen the Development and Resilience of the Islamic Financial Services Industry

Islamic Finance Standard-Setting Bodies AAOIFI and IFSB Join Forces to Strengthen the Development and Resilience of the Islamic Financial Services Industry

Manama, Kingdom of Bahrain – The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) represented by His Excellency Sheikh ...
AAOIFI Holds Public Hearing Event in Sudan

AAOIFI Holds Public Hearing Event in Sudan

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held recently a public hearing event on AAOIFI Financial Accounting ...
AAOIFI Holds the 11th Accounting Board Meeting and Approves  In Principle Exposure Draft of Financial Accounting Standards (FAS) on Ijarah and Tawarruq and Commodity Murabaha

AAOIFI Holds the 11th Accounting Board Meeting and Approves In Principle Exposure Draft of Financial Accounting Standards (FAS) on Ijarah and Tawarruq and Commodity Murabaha

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 11th meeting of its Accounting Board (AAB) on ...
AAOIFI invites industry to participate in AAOIFI FAS Review / Revision Survey

AAOIFI invites industry to participate in AAOIFI FAS Review / Revision Survey

In continued pursuit to develop comprehensive financial accounting standards for the global Islamic finance industry, AAOIFI Accounting Board (AAB) decided ...
As a culmination of their Strategic Partnership AAOIFI honors Minhaj Advisory as its first ‘Gold Certified Education Partner’ in the World”

As a culmination of their Strategic Partnership AAOIFI honors Minhaj Advisory as its first ‘Gold Certified Education Partner’ in the World”

AAOIFI—during its recently concluded 13th AAOIFI-World Bank Annual Conference which was held under the patronage of the Central Bank of ...
AAOIFI Launches the Language-specific Partnership Scheme for its  Professional Development programs

AAOIFI Launches the Language-specific Partnership Scheme for its Professional Development programs

AAOIFI today launched the Language-specific Partnership Scheme for its professional development programs starting with the ‘Certified Islamic Professional Accountant’ (CIPA) ...
AAOIFI Publishes Exposure Draft on Internal Shari'ah Audit and Invites Opinion from Islamic Finance Industry

AAOIFI Publishes Exposure Draft on Internal Shari’ah Audit and Invites Opinion from Islamic Finance Industry

AAOIFI Governance and Ethics Board (AGEB) in its 8th meeting held in Jordan on 24-25 Shawwal 1439H, corresponding to the ...
AAOIFI signs agreement with Dar Al Shariah to support training of AAOIFI Standards

AAOIFI signs agreement with Dar Al Shariah to support training of AAOIFI Standards

AAOIFI and Dar Al Sharia signed an agreement to support training initiatives in AAOIFI standards particularly in the UAE market ...
AAOIFI holds 8th meeting of its Governance and Ethics Board in Jordan, approving draft standard on “Shari’ah Compliance Function”

AAOIFI holds 8th meeting of its Governance and Ethics Board in Jordan, approving draft standard on “Shari’ah Compliance Function”

Amman, Jordan - AAOIFI held the eighth meeting of its Goverannce and Ethics Board (AGEB) at Le Grand Amman, Hashemite ...
AAOIFI issues Financial Accounting Standard No. 35  “Risk Reserves”

AAOIFI issues Financial Accounting Standard No. 35 “Risk Reserves”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI-World Bank 13th Annual Conference set to be held on 23 and 24 October 2018

AAOIFI-World Bank 13th Annual Conference set to be held on 23 and 24 October 2018

Accounting and Auditing Organization for Islamic Financial Institutions (#AAOIFI) is pleased to announce the convention of its upcoming AAOIFI - ...
AAOIFI conducts Public Hearing Webinar for the exposure draft on revised FAS 25

AAOIFI conducts Public Hearing Webinar for the exposure draft on revised FAS 25

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public hearing on the exposure draft of the revised ...
AAOIFIs’ Shari’ah Board Holds its 53rd Meeting, Resuming Discussion on “Sale of Debt” and “Waqf” Standards

AAOIFIs’ Shari’ah Board Holds its 53rd Meeting, Resuming Discussion on “Sale of Debt” and “Waqf” Standards

AAOIFIs’ Shari’ah Board held its 53rd meeting over the span of three days from 10 to 12 Shaaban corresponding to ...
AAOIFI meets Governor and Vice Governor of Banque Du Liban as it hosts AAOIFI Public Event, Public Hearing of its standards, and its Accounting Board meeting

AAOIFI meets Governor and Vice Governor of Banque Du Liban as it hosts AAOIFI Public Event, Public Hearing of its standards, and its Accounting Board meeting

  Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a public event and public hearing of two ...
AAOIFI Welcomes UAE’s Adoption of its Standards

AAOIFI Welcomes UAE’s Adoption of its Standards

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the standard-setting body for the Islamic financial industry welcomes the Central ...
AAOIFI to conduct compliance testing of ‘Synergies’ Islamic Banking Software of the LYST Technologies

AAOIFI to conduct compliance testing of ‘Synergies’ Islamic Banking Software of the LYST Technologies

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Lyst Technologies (Lyst) have agreed to conduct testing of ...
AAOIFI Public Hearing - Webinar

AAOIFI Public Hearing – Webinar

We would like to invite you to attend the AAOIFI Public Hearing - Webinar Event to present the exposure draft ...
AAOIFI Accounting Board issues exposure draft on Revised FAS on “Investment in Sukuk, Shares and Similar Instruments”

AAOIFI Accounting Board issues exposure draft on Revised FAS on “Investment in Sukuk, Shares and Similar Instruments”

The AAB in its 9th Meeting held in Bahrain on 7 and 8 Rajab 1439H, corresponding to 24 and 25 ...
Delegation of Islamic Bank of Afghanistan Co-Signs Admission Agreement as Institutional Member of AAOIFI

Delegation of Islamic Bank of Afghanistan Co-Signs Admission Agreement as Institutional Member of AAOIFI

At AAOIFI’s premises, in Kingdom of Bahrain, Islamic Bank of Afghanistan has been officially admitted as institutional member of AAOIFI, ...
AAOIFI Holds a Public Hearing on ‘Risk Reserves’

AAOIFI Holds a Public Hearing on ‘Risk Reserves’

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), held a public hearing session and webinar option at its ...
AAOIFI issues Financial Accounting Standard No. 31  “Investment Agency (Al-Wakala Bi Al-Istithmar)”

AAOIFI issues Financial Accounting Standard No. 31 “Investment Agency (Al-Wakala Bi Al-Istithmar)”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued AAOIFI’s accounting ...
Public Hearing of AAOIFI’s Draft Standards Held at Riphah International University Islamabad

Public Hearing of AAOIFI’s Draft Standards Held at Riphah International University Islamabad

Islamabad: The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in association with the Riphah International University held public ...
AAOIFI issues Financial Accounting Standard No. 31  “Investment Agency (Al-Wakala Bi Al-Istithmar)”

AAOIFI issues Financial Accounting Standard No. 31 “Investment Agency (Al-Wakala Bi Al-Istithmar)”

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued AAOIFI’s accounting ...
AAOIFI’s Shari’ah Conference, 16th Edition, Convenes amidst  High-Level International Participation

AAOIFI’s Shari’ah Conference, 16th Edition, Convenes amidst High-Level International Participation

The Annual Shari’ah Conference, edition No. 16, is to be held in on Sunday and Monday 8 and 9 April ...
AAOIFI officially issues Auditing Standard No. 6 on External Shari’ah Audit

AAOIFI officially issues Auditing Standard No. 6 on External Shari’ah Audit

AAOIFI’s Governance and Ethics Board (AGEB) has issued its Auditing Standard for Islamic Finance Institution (ASIFI) No. 6 “External Shari’ah ...
AAOIFI Governance and Ethics Board Discussed Exposure Draft on ‘Waqf Governance’

AAOIFI Governance and Ethics Board Discussed Exposure Draft on ‘Waqf Governance’

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the seventh meeting of its Governance and Ethics Board ...
AAOIFI 16th Annual Shari’ah Conference set to be held on 8 and 9 April 2018

AAOIFI 16th Annual Shari’ah Conference set to be held on 8 and 9 April 2018

We would like to firstly thank you for your support of Accounting and Auditing Organisation for Islamic Financial Institutions (#AAOIFI) ...
AAOIFI awards ‘Education Partner’ status to IFAAS

AAOIFI awards ‘Education Partner’ status to IFAAS

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) awards IFAAS (Islamic Finance Advisory & Audit Services – www.ifaas.com) ...
AAOIFI Governance and Ethics Board approves amendment to Guidance Note (GN) No. 01 “Communication of key audit matters in the independent auditor’s report”

AAOIFI Governance and Ethics Board approves amendment to Guidance Note (GN) No. 01 “Communication of key audit matters in the independent auditor’s report”

The AAOIFI Governance and Ethics Board (AGEB) upon the recommendation of the AAOIFI Professional Auditing Standards Committee (PASC) ratified an ...
AAOIFI Officially issues the Exposure Draft of Governance Standard on ‘Shari’ah Compliance and Fiduciary Ratings for Islamic Finance Institutions’ and Invites Opinion from Islamic Finance Industry

AAOIFI Officially issues the Exposure Draft of Governance Standard on ‘Shari’ah Compliance and Fiduciary Ratings for Islamic Finance Institutions’ and Invites Opinion from Islamic Finance Industry

The Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published ...
AAOIFI Accounting Board approves transitional arrangement for early adoption of FAS 30

AAOIFI Accounting Board approves transitional arrangement for early adoption of FAS 30

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) during the eighth meeting of its Accounting Board (AAB) held on ...
AAOIFI Accounting Board Approves Amendment to FAS 25 (Investment in Sukuk, Shares and Similar Instruments)

AAOIFI Accounting Board Approves Amendment to FAS 25 (Investment in Sukuk, Shares and Similar Instruments)

The AAOIFI Accounting Board (AAB) passed the following resolution in its 8th meeting held on 11-12 Rabi’ II 1439H, corresponding ...
AAOIFI Board of Trustees Approved Resignation of the Secretary General

AAOIFI Board of Trustees Approved Resignation of the Secretary General

H.E. Shaikh Ebrahim Bin Khalifa Al-Khalifa, Chairman of the Board of Trustees (BOT) of the Accounting and Auditing Organization for ...
Journal of Islamic Finance Accountancy (JOIFA) Call of Papers

Journal of Islamic Finance Accountancy (JOIFA) Call of Papers

JOIFA publishes academic papers on the Shariah bases of the business and exchange contracts, areas of financial reporting and governance ...
AAOIFI Launches its Annual Report Entitled "2017, Outstanding Year of Excellence and Achievements " as well issued 107 standards until today

AAOIFI Launches its Annual Report Entitled “2017, Outstanding Year of Excellence and Achievements ” as well issued 107 standards until today

On 4th January 2018, The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) published a detailed professional report entitled "2017, A ...
AAOIFI Revels Admission of Astana International Financial Centre (AIFC) as Institutional Member

AAOIFI Revels Admission of Astana International Financial Centre (AIFC) as Institutional Member

In recognition of Kazakhstan’s role and notable spot on the map of the global Islamic finance industry, and its imperative ...
In Historic Move, #AAOIFI, Under Sponsorship of SABB’s Financial Services, Provides Free Access to Online Version of its Shari’ah Standards

In Historic Move, #AAOIFI, Under Sponsorship of SABB’s Financial Services, Provides Free Access to Online Version of its Shari’ah Standards

At the headquarters of the Saudi-British Bank (SABB) in Riyadh, an official signing ceremony has been held to inaugurate an ...
AAOIFI Officially Publishes the Exposure Draft of Financial Accounting Standard “Risk Reserves” and Invites Opinion from Islamic Finance Industry

AAOIFI Officially Publishes the Exposure Draft of Financial Accounting Standard “Risk Reserves” and Invites Opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published the exposure ...
AAOIFI in partnership with the Turkish Accounting and Auditing Standards Institution (KGK) Held Public Hearing for two accounting exposure drafts on Sukuk

AAOIFI in partnership with the Turkish Accounting and Auditing Standards Institution (KGK) Held Public Hearing for two accounting exposure drafts on Sukuk

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in partnership with the Turkish Accounting and Auditing Standards Institution ...
AAOIFI has issued a detailed report about AAOIFI World Bank 12th Annual Conference and announces its two upcoming conferences for 2018

AAOIFI has issued a detailed report about AAOIFI World Bank 12th Annual Conference and announces its two upcoming conferences for 2018

AAOIFI has issued a detailed report about the AAOIFI World Bank 12th Annual Conference which was held in the Kingdom ...
AAOIFI Issues its (101) Standard on ‘Impairment, Credit Losses and Onerous Commitments’

AAOIFI Issues its (101) Standard on ‘Impairment, Credit Losses and Onerous Commitments’

AAOIFI’s Accounting Board (AAB) has issued its Financial Accounting Standard (FAS) No. 30 “Impairment, Credit Losses and Onerous Commitments”. This ...
AAOIFI’s Shari’ah Board Issues Exposure Draft of a New Shari’ah Stanard on “Waqf” and Invites Opinion from the Industy

AAOIFI’s Shari’ah Board Issues Exposure Draft of a New Shari’ah Stanard on “Waqf” and Invites Opinion from the Industy

The cooperation agreement signed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Future Investment, and with ...
Drawing High-Profile International Attendance AAOIFI-World International Conference, Edition 12, Convenes Next Sunday Under the Theme: “Towards Quantitative Growth and Standardization of Islamic Finance”

Drawing High-Profile International Attendance AAOIFI-World International Conference, Edition 12, Convenes Next Sunday Under the Theme: “Towards Quantitative Growth and Standardization of Islamic Finance”

Drawing high-profile attendance from across the globe, the AAOIFI-World Bank Annual Conference, 12th edition, under the title: “Towards Quantitative Growth and ...
AAOIFI and ACCA Sign a Landmark Memorandum of Understanding (MoU)

AAOIFI and ACCA Sign a Landmark Memorandum of Understanding (MoU)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the London-based Association of the Chartered Certified Accountants (ACCA) ...
AAOIFI Officially Publishes the Exposure Draft of Financial Accounting Standard “Financial Reporting for Sukuk-holders” and Invites Opinion from Islamic Finance Industry

AAOIFI Officially Publishes the Exposure Draft of Financial Accounting Standard “Financial Reporting for Sukuk-holders” and Invites Opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published the exposure ...
AAOIFI Celebrates Admission of SAMA as Institutional Member at Official Ceremony Held in Riyadh

AAOIFI Celebrates Admission of SAMA as Institutional Member at Official Ceremony Held in Riyadh

In recognition of Kingdom of Saudi Arabia’s pioneering role and distinguished spot on the map of the global Islamic finance ...
Marking its 100th Standard, AAOIFI Held Public Hearing in Cairo for Three New Exposure Drafts

Marking its 100th Standard, AAOIFI Held Public Hearing in Cairo for Three New Exposure Drafts

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in partnership with the Egyptian Islamic Finance Association (EIFA), has ...
AAOIFI Introduces its 100th standard as Governance Standard  No. 8  ‘Central Shari’ah Board’ Has Been officially Issued

AAOIFI Introduces its 100th standard as Governance Standard No. 8 ‘Central Shari’ah Board’ Has Been officially Issued

AAOIFI’s Governance and Ethics Board (AGEB) has issued its Governance Standard for Islamic Financial Institutions (GSIFI) No. 8 ‘Central Shari’ah ...
AAOIFI Officially Publishes Exposure Draft on “Shari’ah Compliance Function” and Invites Opinion from Islamic Finance Industry

AAOIFI Officially Publishes Exposure Draft on “Shari’ah Compliance Function” and Invites Opinion from Islamic Finance Industry

The Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published ...
AAOIFI Issues its 99th standard as its #Accounting Board Approves ‘Murabaha and Other Deferred Payment Sales’ Standard & Issues Exposure Drafts Standards on ‘Financial Reporting for #Sukuk Holders’, and ‘Risk Reserves’

AAOIFI Issues its 99th standard as its #Accounting Board Approves ‘Murabaha and Other Deferred Payment Sales’ Standard & Issues Exposure Drafts Standards on ‘Financial Reporting for #Sukuk Holders’, and ‘Risk Reserves’

The Accounting Board of Accounting and Auditing Organization for #Islamic Financial Institutions (AAOIFI) held its seventh meeting from 22 September ...
AAOIFI’s Shari’ah Board Holds its Meeting No. 29 and Issues Exposure draft of “Sale of Debt” for Which It Seeks to Invite Opinion and Feedback from Islamic Finance Industry

AAOIFI’s Shari’ah Board Holds its Meeting No. 29 and Issues Exposure draft of “Sale of Debt” for Which It Seeks to Invite Opinion and Feedback from Islamic Finance Industry

The Shari’ah Board of the Accounting and Auditing Organization for Islamic Institutions (AAOIFI)- a body consisting of 20 Shari’ah scholars ...
AAOIFI-World Bank Annual International Conference, 12th Edition Drawing Closer, Under the Theme:  “Towards Quantitative Growth and Standardization of Islamic Finance”

AAOIFI-World Bank Annual International Conference, 12th Edition Drawing Closer, Under the Theme: “Towards Quantitative Growth and Standardization of Islamic Finance”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has announced its plans to hold the AAOIFI-World Bank Annual Conference, ...
AAOIFI Officially Publishes Exposure Draft of the Financial Accounting Standard “Investment Agency (Al-Wakala Bi Al-Istithmar)” and Invites Opinion from Islamic Finance Industry

AAOIFI Officially Publishes Exposure Draft of the Financial Accounting Standard “Investment Agency (Al-Wakala Bi Al-Istithmar)” and Invites Opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published the exposure ...
AAOIFI Governance and Ethics Board Approves Governance Standard on Central Shari’ah Boards and Exposure Draft for Governance Standard on “Shari’ah Compliance Function”

AAOIFI Governance and Ethics Board Approves Governance Standard on Central Shari’ah Boards and Exposure Draft for Governance Standard on “Shari’ah Compliance Function”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the fifth meeting of its Governance and Ethics Board (AGEB) ...
AAOIFI Signs Agreement for a Chinese Translation of its Shari'ah Standards at "China-UAE Conference on Islamic Banking and Finance', held in Shenzhen

AAOIFI Signs Agreement for a Chinese Translation of its Shari’ah Standards at “China-UAE Conference on Islamic Banking and Finance’, held in Shenzhen

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Academy of Islamic Finance Development in Countries along the ...
AAOIFI Launches Revamping Project for its CSAA Qualification

AAOIFI Launches Revamping Project for its CSAA Qualification

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) today announced the commencement of the first phase of the ...
AAOIFI Officially Publishes Exposure Draft of the Financial Accounting Standard “Impairment and Credit Losses” and Invites Opinion from Islamic Finance Industry

AAOIFI Officially Publishes Exposure Draft of the Financial Accounting Standard “Impairment and Credit Losses” and Invites Opinion from Islamic Finance Industry

The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially published the exposure ...
ICAP and SBP jointly host Public Hearings for AAOIFI's exposure drafts on “Murabaha and Other Deferred Payment Sales” and “Central Shari’ah Board” in Karachi, Pakistan

ICAP and SBP jointly host Public Hearings for AAOIFI’s exposure drafts on “Murabaha and Other Deferred Payment Sales” and “Central Shari’ah Board” in Karachi, Pakistan

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), in collaboration and cooperation with the Institute of Chartered Accountants ...
In Casablanca, September, AAOIFI and Bank al-Maghrib Co-Organize an International Conference, in partnership with the World Bank, under the Theme: "Morocco: Islamic Finance Gateway to Africa and Europe"

In Casablanca, September, AAOIFI and Bank al-Maghrib Co-Organize an International Conference, in partnership with the World Bank, under the Theme: “Morocco: Islamic Finance Gateway to Africa and Europe”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Bank al-Maghrib (the central bank of the Kingdom of Morocco) ...
AAOIFI publishes External Shari’ah Audit Standard Exposure Draft and Invites opinion from Islamic Finance Industry

AAOIFI publishes External Shari’ah Audit Standard Exposure Draft and Invites opinion from Islamic Finance Industry

The Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has published the ...
AAOIFI launches a its peer-reviewed ‘Journal of Islamic Finance Accountancy’ (JOIFA) and Issues Call for Papers

AAOIFI launches a its peer-reviewed ‘Journal of Islamic Finance Accountancy’ (JOIFA) and Issues Call for Papers

Culminating an initiative announced earlier this year, the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially launched ...
At Its Headquarters in Moscow, Central Bank of Russia Hosted Launch Ceremony for Russian Translation of AAOIFI’s Shari’ah Standards

At Its Headquarters in Moscow, Central Bank of Russia Hosted Launch Ceremony for Russian Translation of AAOIFI’s Shari’ah Standards

In testimony to the global outreach of AAOIFI and its standards, and in reflection of the strategic implication of the ...
AAOIFI’s Shari’ah Board convened its 48th meeting. Draft standards for “cards” and “debt” discussed

AAOIFI’s Shari’ah Board convened its 48th meeting. Draft standards for “cards” and “debt” discussed

The Shari’ah Board of the Accounting and Auditing Organization For Islamic Financial Institutions (AAOIFI) has convened its 48th meeting at ...
Under the Auspices of His Excellency the President of Djibouti and in His Presence, AAOIFI in Partnership with Arab Academy Launches the French Translation of Shari’ah Standards in Djibouti

Under the Auspices of His Excellency the President of Djibouti and in His Presence, AAOIFI in Partnership with Arab Academy Launches the French Translation of Shari’ah Standards in Djibouti

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held in partnership with the Central Bank of Djibouti and ...
In Partnership with “the Institute of Finance”, AAOIFI Delivers a Workshop on “Islamic Finance: its Governance and Future Prospects in the Kingdom of Saudi Arabia’

In Partnership with “the Institute of Finance”, AAOIFI Delivers a Workshop on “Islamic Finance: its Governance and Future Prospects in the Kingdom of Saudi Arabia’

As a major outcome of the cooperation agreement signed by the Accounting and Auditing Organization for Islamic Financial Institutions “AAOIFI” ...
Central Bank of Kuwait (CBK) held a focused workshop on AAOIFI and its professional standards For the leaders of the Kuwaiti Financial Industry

Central Bank of Kuwait (CBK) held a focused workshop on AAOIFI and its professional standards For the leaders of the Kuwaiti Financial Industry

At its headquarters, the Central Bank of Kuwait (CBK) held a focused workshop on AAOIFI and its professional standards and ...
“AlBaraka” Hosted Public Hearing for AAOIFI's exposure drafts on “Murabaha” and “Central Shari’ah Boards” in Bahrain

“AlBaraka” Hosted Public Hearing for AAOIFI’s exposure drafts on “Murabaha” and “Central Shari’ah Boards” in Bahrain

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) recently held a public hearing for its exposure drafts on ...
AAOIFI Launches landmark Project: “Waqf Standards Packet”

AAOIFI Launches landmark Project: “Waqf Standards Packet”

In view of the substantial role of Waqf as one of Islam’s paramount “economic rites”, and as one of the ...
AAOIFI Accounting Board Approves Exposure Draft for Standard on “Impairment and Credit Losses”

AAOIFI Accounting Board Approves Exposure Draft for Standard on “Impairment and Credit Losses”

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the fifth meeting of its Accounting Board (AAB) in the ...
AAOIFI’s 15th Annual Shari’ah Conference Convenes Tomorrow Wednesday (12 April 2017), With Participation of Around 40 Speakers from 16 Countries A Landmark Project for Waqf Industry to be Launched

AAOIFI’s 15th Annual Shari’ah Conference Convenes Tomorrow Wednesday (12 April 2017), With Participation of Around 40 Speakers from 16 Countries A Landmark Project for Waqf Industry to be Launched

The Islamic finance industry is in watchful anticipation of the forthcoming convention of a major international conference on Shari’ah, governance ...
AAOIFI's Shari'ah Board Issued new Standard on “Repurchase”, in its Meeting No. 47

AAOIFI’s Shari’ah Board Issued new Standard on “Repurchase”, in its Meeting No. 47

The Shari'ah Board of the Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) held its meeting no. 47 in ...
AAOIFI Publishes Exposure Draft of the Financial Accounting Standard “Sukuk” and Invites Opinion from Islamic Finance Industry

AAOIFI Publishes Exposure Draft of the Financial Accounting Standard “Sukuk” and Invites Opinion from Islamic Finance Industry

In line with its continuous improvement and update program, the Accounting Board (AAB) of the Accounting and Auditing Organization for ...
AAOIFI Invites Bidders to Submit Proposal for: Gap Analysis, Benchmarking, and Curriculum Structuring and Designing of the CSAA Program

AAOIFI Invites Bidders to Submit Proposal for: Gap Analysis, Benchmarking, and Curriculum Structuring and Designing of the CSAA Program

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) have issued today (13 March 2017) the Request for Proposal ...
AAOIFI Publishes Exposure Draft  of the Financial Accounting Standard Murabaha and Other Deffered Payment Sales and Invites Opinion from Islamic Finance Industry

AAOIFI Publishes Exposure Draft of the Financial Accounting Standard Murabaha and Other Deffered Payment Sales and Invites Opinion from Islamic Finance Industry

In line with its continuous improvement and update program, the Accounting Board (AAB) of the Accounting and Auditing Organization for ...
Launching “AAOIFI in 850 Days” Report and Shari’ah Stanadrds e-Learning Platform

Launching “AAOIFI in 850 Days” Report and Shari’ah Stanadrds e-Learning Platform

English Report Arabic Report Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a press conference on Sunday, 26 ...
AAOIFI publishes Central Shari'ah Board Standard Exposure Draft and Invites opinion from Islamic Finance Industry

AAOIFI publishes Central Shari’ah Board Standard Exposure Draft and Invites opinion from Islamic Finance Industry

In line with global best practices, the Governance and Ethics Board (AGEB) of the Accounting and Auditing Organization for Islamic ...
AAOIFI 15th Annual Shari’ah Conference set to be held on 12 and 13 April 2017

AAOIFI 15th Annual Shari’ah Conference set to be held on 12 and 13 April 2017

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will hold, under the auspices of the Central Bank of Bahrain, ...
"AAOIFI" Invites Applications for “Head of professional development  programs”.

“AAOIFI” Invites Applications for “Head of professional development programs”.

In line with AAOIFI’s ambitious plans for the development of its professional programs and activities, and its initiatives to develop ...
AAOIFI Accounting Board Approves Exposure Draft for Standard on “Murabaha and Other Deferred Payment Sales” and Plan for 2017

AAOIFI Accounting Board Approves Exposure Draft for Standard on “Murabaha and Other Deferred Payment Sales” and Plan for 2017

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the fourth meeting of its Accounting Board (AAB) in the ...
AAOIFI PUBLISHES ENGLISH TRANSLATION OF THE SHARI'AH STANDARD ON GOLD

AAOIFI PUBLISHES ENGLISH TRANSLATION OF THE SHARI’AH STANDARD ON GOLD

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has worked towards completion of the English translation of the ...
AAOIFI issues Auditing Guidance Note on long form audit report

AAOIFI issues Auditing Guidance Note on long form audit report

The Professional Auditing Standards Committee (PASC) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has issued an ...
AAOIFI announces Request for Proposal (RFP) for translation of its Revamped CIPA Curriculum from English to Arabic language

AAOIFI announces Request for Proposal (RFP) for translation of its Revamped CIPA Curriculum from English to Arabic language

In line with the norms of transparency, fairness, and best practices, the Accounting and Auditing Organization for Islamic financial Institutions ...
On Conclusion of 3rd Meeting of AAOIFI Governance and Ethics Board, AAOIFI Issues Exposure Drafts for Standards on Central Shari’ah Boards and External Shari’ah Audit

On Conclusion of 3rd Meeting of AAOIFI Governance and Ethics Board, AAOIFI Issues Exposure Drafts for Standards on Central Shari’ah Boards and External Shari’ah Audit

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the third meeting of its Governance and Ethics Board (AGEB) ...
AAOIFI Delivered 3rd Batch of “Essentials of Islamic Economics and Finance” Course to CMA

AAOIFI Delivered 3rd Batch of “Essentials of Islamic Economics and Finance” Course to CMA

As part of the training programs provided internally by Capital Market Authority (CMA), Accounting and Auditing Organization for Islamic Financial ...
AAOIFI issued a detailed report on AAOIFI  World Bank 11th Annual Conference

AAOIFI issued a detailed report on AAOIFI World Bank 11th Annual Conference

In view of the outstanding success of the 11th AAOIFI-World Bank Conference which was held on the 6 &7  November ...
In Tokyo, AAOIFI Showcased its Standards and  Portrayed its Leading Role

In Tokyo, AAOIFI Showcased its Standards and Portrayed its Leading Role

In view of the role it plays globally as the leading non-profit standards setting body for the Islamic financial industry ...
AAOIFI Accounting Board held its 3rd Meeting

AAOIFI Accounting Board held its 3rd Meeting

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the international standard-setting organization for Islamic finance, recently held the third ...
AAOIFI held a Workshop on “Accounting issues in Sukuk” in collaboration with King Fahad University, Dhahran

AAOIFI held a Workshop on “Accounting issues in Sukuk” in collaboration with King Fahad University, Dhahran

In partnership with Center of Research Excellence for Islamic Banking & Finance in King Fahad University of Petroleum and Minerals ...
Live Stream of AAOIFI – World Bank 11th Annual Conference

Live Stream of AAOIFI – World Bank 11th Annual Conference

Live Stream of AAOIFI – World Bank 11th Annual Conference ...
AAOIFI Governance and Ethics Board held its 2nd Meeting

AAOIFI Governance and Ethics Board held its 2nd Meeting

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the second meeting of its Governance and Ethics Board (AGEB) ...
In Oman and Sudan, AAOIFI Held Public Hearings for “Gold” Shari’ah Standard Draft

In Oman and Sudan, AAOIFI Held Public Hearings for “Gold” Shari’ah Standard Draft

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has recently held two public hearings on the exposure draft of ...
AAOIFI Welcomes Saudi CMA as Institutional Member at an Official Signing Ceremony in Riyadh

AAOIFI Welcomes Saudi CMA as Institutional Member at an Official Signing Ceremony in Riyadh

In consideration of the Kingdom of Saudi Arabia’s pivotal role and influential status at the forefront of the global Islamic ...
AAOIFI Shari’ah Board held its 45th Meeting and Issued the Exposure Draft of Shari’ah Standard on Gold for Feedback from the Islamic Financial Industry

AAOIFI Shari’ah Board held its 45th Meeting and Issued the Exposure Draft of Shari’ah Standard on Gold for Feedback from the Islamic Financial Industry

The Accounting and Auditing Organization for Islamic Financial Institutions ("AAOIFI") is always keen to develop new Shari’ah standards and review ...
AAOIFI Accounting Board held its 2nd  Meeting

AAOIFI Accounting Board held its 2nd Meeting

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the international standard-setting organization for Islamic finance, held the second meeting ...
AAOIFI – World Bank 11th Annual Conference  to be held in November under the theme:  Islamic Finance in the Post Oil Economic Scenario

AAOIFI – World Bank 11th Annual Conference to be held in November under the theme: Islamic Finance in the Post Oil Economic Scenario

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will host the AAOIFI – World Bank 11th Annual Conference on ...
Turkey’s Banking Regulation and Supervision Agency BRSA" officially an Institutional Member of AAOIFI

Turkey’s Banking Regulation and Supervision Agency BRSA” officially an Institutional Member of AAOIFI

(Right, HE. Mehmet Ali Akben, Chairman, Banking Regulation and Supervision Agency( BRSA). Left: , Dr. Hamed Hassan Merah, Secretary General, ...
AAOIFI published a detailed report and media coverage on its International Conference in Madinah

AAOIFI published a detailed report and media coverage on its International Conference in Madinah

In view of the positive reverberations of AAOIFI International Conference for its 25th Anniversary, within professional, scholarly, and media circles, ...
In an Official Visit to UAE, AAOIFI Signs Memorandum of Cooperation with Securities and Commodities Authority

In an Official Visit to UAE, AAOIFI Signs Memorandum of Cooperation with Securities and Commodities Authority

(H.E. Dr. Obaid al Zaabi, Acting CEO, Securities and Commodities Authority, UAE (Right:) and H.E. Dr. Hamed Hasan Merah, Secretary ...
AAOIFI Sharia’h Board held its meeting no. 44, officially issued Shari’ah Standard on “Competitions and Prizes”

AAOIFI Sharia’h Board held its meeting no. 44, officially issued Shari’ah Standard on “Competitions and Prizes”

AAOIFI’s Shari’ah Board recently held its second meeting in current term (meeting no. 44 since first formation) over a period ...
AAOIFI Wraps up Indonesia Visit

AAOIFI Wraps up Indonesia Visit

In its unwavering efforts aiming to foster ties with all stakeholders of the Islamic finance industry worldwide, and particularly its ...
AAOIFI Convenes its International Conference Tomorrow in Madinah, Marking its 25th Anniversary

AAOIFI Convenes its International Conference Tomorrow in Madinah, Marking its 25th Anniversary

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will hold tomorrow morning (Wednesday 4 May 2016) its International Conference, ...
AAOIFI’s Kuwait Standards Subcommittee

AAOIFI’s Kuwait Standards Subcommittee

AAOIFI’s Kuwait Standards Subcommittee held a meeting on 19 April 2016, where it discussed draft Shari’ah Standard on “Muzara’ah”. The ...
Jeddah Standarads Subcommittee Discussed Shari’ah Standard on  “Conversion of Conventional Banks to Islamic Banks”

Jeddah Standarads Subcommittee Discussed Shari’ah Standard on “Conversion of Conventional Banks to Islamic Banks”

AAOIFI’s Jeddah Standards Subcommittee held a meeting on 23 April 2016 in Jeddah, Kingdom of Saudi Arabia, during which it ...
AAOIFI Governance and Ethics Board held its 1st Meeting After Formation

AAOIFI Governance and Ethics Board held its 1st Meeting After Formation

In continuation of AAOIFI’s poineering efforts to serve the global Islamic finance industry through the development of its governance and ...
Newly Formed AAOIFI Accounting Board held its 1st Meeting

Newly Formed AAOIFI Accounting Board held its 1st Meeting

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the international standard-setting organization for Islamic finance, held the first meeting ...
Marking its 25th Anniversary, AAOIFI holds International Conference in Madinah

Marking its 25th Anniversary, AAOIFI holds International Conference in Madinah

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a press conference today morning, 20 March 2016, in ...
Newly Formed AAOIFI’s Shari’ah Board Held its 1st Meeting

Newly Formed AAOIFI’s Shari’ah Board Held its 1st Meeting

The newly formed AAOIFI Shari’ah Board (ASB) held its first meeting (meeting no. 43 since first-time formation) for its new ...
Special Offers on AAOIFI’s Publications, Paper and Digital Formats, at Riyadh International Book Fair

Special Offers on AAOIFI’s Publications, Paper and Digital Formats, at Riyadh International Book Fair

In accordance with its policy to bolster ties with all stakeholders including scholars, researchers, professionals and other types of intellects, ...
AAOIFI Delivered 2nd Batch of “Essentials of Islamic Economics and Finance” Course to CMA

AAOIFI Delivered 2nd Batch of “Essentials of Islamic Economics and Finance” Course to CMA

As part of the training programs provided internally by Capital Market Authority (CMA), Accounting and Auditing Organization for Islamic Financial ...
AAOIFI’s Publications Available for Sale In Bookstores and on AAOIFI’s Online Store.  Digital Version Launched

AAOIFI’s Publications Available for Sale In Bookstores and on AAOIFI’s Online Store. Digital Version Launched

In its efforts to widen the scope of accessibility to its issuances worldwide, AAOIFI has released its five issuances, i.e., ...
In an Official Visit to Pakistan, AAOIFI Launches Urdu Translation Project for Shari’ah Standards

In an Official Visit to Pakistan, AAOIFI Launches Urdu Translation Project for Shari’ah Standards

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and Islamic banking industry of Pakistan (IBIP) signed an MOU for ...
AAOIFI-World Gold Council Committee conducted its 3rd meeting to discuss the Shari’ah Standard on Gold

AAOIFI-World Gold Council Committee conducted its 3rd meeting to discuss the Shari’ah Standard on Gold

Following the initiative that was launched by the Accounting and Auditing Organization for Islamic Financial Institution (“AAOIFI”) in its cooperation ...
Karachi Standards Subcommittee Discussed Forward Lease

Karachi Standards Subcommittee Discussed Forward Lease

AAOIFI Shari’ah Board’s Karachi Standards Subcommittee held an extensive meeting on Wednesday  24 February 2016 to discuss a detailed research ...
In Cooperation with Qadha, AAOIFI Held Public Hearing for Two New Standards in Riyadh

In Cooperation with Qadha, AAOIFI Held Public Hearing for Two New Standards in Riyadh

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a public hearing in Riyadh on 13 February 2016 ...
AAOIFI Wrapped Up Oman Visit

AAOIFI Wrapped Up Oman Visit

AAOIFI’s Secretary General Hosted by Mr. Ali Bin Hamdan Al Raisi,Deputy Governor, Central Bank of Oman As part of its ...
AAOIFI-World Gold Council Committee conducted its 2nd meeting to discuss the Shari’ah Standard on Gold

AAOIFI-World Gold Council Committee conducted its 2nd meeting to discuss the Shari’ah Standard on Gold

Following the initiative that was launched by the Accounting and Auditing Organization for Islamic Financial Institution (“AAOIFI”) in its cooperation ...
Extensive Public Hearing on Two New Standards  Hosted by University of Jordan

Extensive Public Hearing on Two New Standards Hosted by University of Jordan

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held an extensive public hearing on 4 February 2016 in Amman, ...
AAOIFI & BIBF Signs Agreement to Launch  E-Learning Platform with Support from Ibdar Bank

AAOIFI & BIBF Signs Agreement to Launch E-Learning Platform with Support from Ibdar Bank

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Bahrain Institute of Banking and Finance (BIBF) signed a ...
AAOIFI to Re-Issue a New Shari’ah Standard on “Conversion of Conventional Banks and Financial Institutions to Islamic Banks and Financial Institutions”

AAOIFI to Re-Issue a New Shari’ah Standard on “Conversion of Conventional Banks and Financial Institutions to Islamic Banks and Financial Institutions”

AAOIFI’s Shari’ah standards are typically issued through a professional and meticulous scholarly methodology (known as the due process). The standards ...
AAOIFI Holds a Special Course  for Senior Management of Saudi Capital Market Authority (CMA)

AAOIFI Holds a Special Course for Senior Management of Saudi Capital Market Authority (CMA)

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held a special trainingش course for a host of senior ...
AAOIFI Launches Project for Shari’ah Standard on Gold, In Cooperation with World Gold Council and Amanie Advisors

AAOIFI Launches Project for Shari’ah Standard on Gold, In Cooperation with World Gold Council and Amanie Advisors

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has phased in a new project for the development of ...
AAOIFI appoints members of its new technical boards after extensive selection process, from amongst 180 nominations from 37 countries

AAOIFI appoints members of its new technical boards after extensive selection process, from amongst 180 nominations from 37 countries

AAOIFI  appoints members of its new technical boards after extensive selection process, from amongst 180 nominations from 37 countries Accounting ...
Shari’ah Standards Committee (Kuwait) Held a Meeting to Finalize Discussion of Exposure Draft on  Competitions and Prizes

Shari’ah Standards Committee (Kuwait) Held a Meeting to Finalize Discussion of Exposure Draft on Competitions and Prizes

The Shari’ah Standards Committee (Kuwait) held a meeting on Monday 30 November 2015 whereby it completed review and discussion of ...
AAOIFI Announces Availability of its Five New Publications to Participants in the AAOIFI-World Bank Conference, with special privileges

AAOIFI Announces Availability of its Five New Publications to Participants in the AAOIFI-World Bank Conference, with special privileges

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has announced completed publication of its new five issuances: the Shari'ah ...
AAOIFI World Bank Annual Conference on Islamic Banking & Finance  to be held on 6 and 7 December 2015

AAOIFI World Bank Annual Conference on Islamic Banking & Finance to be held on 6 and 7 December 2015

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will host the AAOIFI – World Bank Annual Conference on Islamic ...
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