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The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) is an Islamic international autonomous non-for-profit corporate body that prepares accounting, auditing, governance, ethics and Sharia’a standards for Islamic financial institutions and the industry. Recently, the AAOIFI has approved and published two exposure drafts and one final standard and a comprehensive report on its activities since 2014. The AAOIFI has also embarked on a major project to develop guidance on Islamic endowments.
May 11, 2017 at 02:07PM
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