03.12.2010 - AAOIFI standards 'vital for Islamic finance'
From Gulf-daily-news.com: The standards set up by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) have become the core of the re-engineering process of Islamic finance. They provide the basis for innovation within the framework of Islamic teachings, Housing Minister and AAOIFI chairman Shaikh Ibrahim bin Khalifa Al Khalifa said. "Ultimately this will hopefully enhance users' confidence in Islamic practices and encourage growth of demand," he said..............................................Full Article: Source
Print