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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’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
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
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 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 completed the Arabic translation of the below six exposure drafts (EDs) of governance standards (GSs). The English versions of ...
AAOIFI Accounting Board issues four financial accounting standards (FASs), namely FAS 44 “Determining Control of Assets and Business”, FAS 45 “Quasi-equity (Including Investment Accounts)”, FAS 46 “Off-Balance-Sheet Assets Under Management” and FAS 47 “Transfer of Assets Between Investment Pools”
The Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI’s) Accounting Board (AAB / the board) has officially culminated the ...
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
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 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'”
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 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 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
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”
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
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)”
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”
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 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’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
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
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
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
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”
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
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’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”
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”
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
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”
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 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)”
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 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)”
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”
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”
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)
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)”
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)”
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”
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 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”
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’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
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
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”
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”
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
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’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
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.
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”
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
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”
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”
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’s Accounting Board (AAB) Translation Committee has finalised and approved for issuance the Arabic version of “AAOIFI Conceptual Framework for ...
AAOIFI issues Accounting Technical Release (ATR) “Illustrative Financial Statements for Islamic Banks and Similar Institutions” in line with the Financial Accounting Standard (FAS) 1 “General Presentation and Disclosures in the Financial Statements”
The Technical Advisory and Interpretations Committee (TAIC), constituted by the AAOIFI Accounting Board (AAB) of Accounting and Auditing Organization for ...
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 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 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)”
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 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 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”
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”
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 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
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”
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)
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 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’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
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
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
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”
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 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
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
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
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”
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
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
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
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.
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
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)
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
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
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
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
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
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 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”
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
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
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’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’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 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”
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
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
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’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 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
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
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
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)
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
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
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
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”
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”
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”
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 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 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
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
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
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
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
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 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
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 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”
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
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
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”
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”
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
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’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)”
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
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
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
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.
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 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
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)
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
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’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
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 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
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
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
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 , 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
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
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’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
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.
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”
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
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”
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 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
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”
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”
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
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 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”
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”
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
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
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)
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
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
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
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
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 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
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”
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
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”
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
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
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
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
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
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 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”
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
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”
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
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 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
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”
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
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
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’
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 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
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 Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held the first meeting of its newly formed Governance and ...
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
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
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
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
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
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
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
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
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
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
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
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”
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”
The Accounting Board (AAB) of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has officially issued financial accounting ...
AAOIFI’s Sharī’ah Board Convenes its 60th Meeting in the Kingdom of Bahrain and requests the Secretariat to publish the exposure draft of the Sharī’ah Standard on “Debit Card and Credit Card” to invite opinion from Islamic Finance Industry.
The Sharī'ah Board of the Accounting and Auditing Organization for Islamic Institutions (AAOIFI) held its 60th meeting over a span ...
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”
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 (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
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
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 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
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”
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
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 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”
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
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
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
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
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
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
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
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the 14th meeting of the its Accounting Board (AAB) on ...
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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’
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
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
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”
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
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
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
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 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
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
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’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 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’
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
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
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
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
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
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”
AAOIFI—during its recently concluded 13th AAOIFI-World Bank Annual Conference which was held under the patronage of the Central Bank of ...
Drawing High-Profile International Attendance AAOIFI-World International Conference, Edition 13, Convenes coming Tuesday Under the Theme: “The Role of Standardization for the Future of Islamic Finance”
Drawing high-profile attendance from across the globe, the AAOIFI-World Bank Annual Conference, 13th edition, under the title: “The Role of ...
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 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 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”
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”
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
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
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 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
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
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
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Lyst Technologies (Lyst) have agreed to conduct testing of ...
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”
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
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’
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)”
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
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)”
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
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’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’
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
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
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”
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
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
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)
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
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
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
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
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
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
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
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 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’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
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 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)
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
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
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
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’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
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’
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
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”
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
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”
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
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
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
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
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”
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
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
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
In testimony to the global outreach of AAOIFI and its standards, and in reflection of the strategic implication of the ...
In Tunisia, Under Patronage of Central Bank of Tunisia, AAOIFI Held a Launching Ceremony for French Version of its Shari’ah Standards, In Cooperation with Al-Imtithal for Islamic Finance and the Tunisian Association of Islamic Finance
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has held, under the patronage of the Central Bank of Tunisia, ...
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
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’
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
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
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”
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”
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
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
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
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
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
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
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
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
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”.
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
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
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
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
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
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
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
In view of the outstanding success of the 11th AAOIFI-World Bank Conference which was held on the 6 &7 November ...
Disclaimer:Warning about the unavailability of any IT system or a product certified by AAOIFI
Kindly be advised that at the present there are no technical systems / IT products / software having a valid ...
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
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
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 ...
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
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
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
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
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
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
(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
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
(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’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
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
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 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”
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
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
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
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
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
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
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
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
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
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
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
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’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
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
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
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’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)
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
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 Accounting ...
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
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
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will host the AAOIFI – World Bank Annual Conference on Islamic ...