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Standardisation of practices critical to growth of Islamic Finance

Posted on 19 July 2010

From Gulfnews.com: With Islamic finance gaining ground globally, the need for international standards has gained importance. The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is in the forefront of these effort.
The Islamic international autonomous not-for-profit corporate body prepares accounting, auditing, governance, ethics and Sharia standards for Islamic financial institutions and the industry……………………………………….Full Article: Source

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