In his nine years as secretary general of the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), Dr Mohammad Nedal Alchaar has seen massive changes and developments in the industry.
“What the Islamic finance industry needed back then was to develop international financial standards and AAOIFI has gone a long way to achieving this with Islamic finance now not only growing across the Muslim world but developing in the West because of its efficient practice and strong regulatory standards,” he said……………………………………….Full Article: Source