Bahrain-Based AAOIFI Says It May Issue 35 Shariah Rules in 2012
It is possible that the Accounting & Auditing Organization for Islamic Financial Institutions will launch 35 Shariah standards for Islamic institutions in 2012.
Mohammed Nedal Alchaar stated that the organization carried in-depth research for Shariah and auditing standards and guidelines, which are anticipated to be finalized next year.
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