| From Tradearabia.com: The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has adopted three new Sharia standards. This includes a ruling on standards for the disposal of rights, bankruptcy and the management of liquidity, collection and use.
"The adoption of these three standards, together with those adopted in previous years, are an important addition to our standards, both in terms of kind and number," said AAOIFI secretary general Mohamad Nedal Alchaar..............................................Full Article: Source
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