AAOIFI Governance and Ethics Board Approves in Principle Exposure Draft on ‘ Sukuk . AAOIFI Officially issues the Exposure Draft of Governance Standard on . Content. Overview of AAOIFI. AAOIFI Governance Standards – on Shari’a. Supervision and Compliance. AAOIFI Auditing Standards. Appendices. Overview of AAOIFI AAOIFI Governance Standards – on Shari’a. Supervision and Compliance. AAOIFI Auditing Standards Appendices. Overview of AAOIFI.

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Permission of Cash Rent Only. Musharakah – Distribution of Profit. Educating the Public on the Merits of Interest-free Economy. The Ten Conditions of Waqf. Cost of Child Labour. Constructing a Murabaha deal.

Over the next year, AAOIFI will continue with our on-going work to develop a number of new standards and revise existing standards in order to ensure that the standards can support further growth of the international Islamic finance industry. Although AAOIFI standards are not binding on members, over the last few governanxe the organisation has made significant progress in encouraging the widespread adoption of the standards.


Islamic Economics and Economics. Globalization Domination of Finance. Reserves in Islamic Equity Funds. Economic History of Islam. Cash Waqfs in Egypt.

International Transactions govegnance Government Level. Factors Affecting Poverty in Pakistan. Planning for Growth and Equity: Special Focus on Poverty Alleviation. Poverty and Economic Inequality: Role of Zakah in Combating Poverty.

Role of Fiscal Policy. Remission of the Poor Debtor.

A Proposal Islamic Financial System: Risk of Loss in Musharakah. The Secularized Muslim Elites’ Dilemma.

Accounting and Auditing Organization for Islamic Financial Institutions

Default Penalty – An Alternative. Ijarah Leasing as a Mode of Finance. Experience of Islamic Banks: Simple and Compound Interest.

Factors of Productions in Islam: Operations of Islamic Banks.

Accounting, Auditing and Governance Standards

Strategy for the Future: Interim Report on Elimination of Interest. Login Sign Up Toggle navigation. Musharakah in Bank Deposits. Commentary on Monetary Policy in an Islamic Economy.

Population – Evidence from History.

Discussion on Monetary Policy in an Islamic Economy. The Role of Monetary Policy. Waqf Administration in Malaysia. Murabahah as a Mode of Financing. Accounting, Auditing and Governance Standards. Hanafi Position Cash Waqf: Historical Perspective Reference to the Ottoman Case. The State of the Art. Comments sstandards the Objectives of Fiscal Policy. Measures of Fiscal Policy in an Islamic Economy.


Loans Modes of Financing: Maliki Position Cash Waqf: