Importance of standards of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
Keywords:
Islamic bank, Accounting and Auditing Organization, StandardsAbstract
This study aims to address the various types of standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI): Shariah, Accounting, Governance and Ethics Standards, their contribution to organizing and regulating the work of Islamic financial institutions. The study concluded that the organization strives to develop the thought of accounting, auditing, and banking fields related to the activities of Islamic financial institutions, through training, holding seminars and forums, issuing periodic publications, and preparing research and reports, among other means.
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Domi Sahraoui, Nasira Care, Challenges and Obstacles Faced by AAOIFI and its Most Important Achievements, Proceedings of the Virtual International Conference on 01 – 02 April , 2023, Requirements for the proper application of standards issued by AAOIFI in various countries of the world? Arab countries, Islamic and non-Islamic/, Arab Democratic Center Germany, Berlin, p. 254
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