IslamicFinance.de

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.

Restricting the number of boards religious scholars are involved in would curb growth in the $1 trillion Islamic finance market.
The Accounting & Auditing Organization for Islamic Financial Institutions said in August it’s considering guidelines on scholars owning shares in the institutions they serve and the number of advisory boards they can join, to reduce the risk of conflicts of interest. The top 20 scholars serve on 621 boards globally.