IslamicFinance.de

The Egyptian Islamic Finance Association (EIFA) obtained the licence from Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), EIFA's Chairman Mohamed Al-Beltagy said. By this licence, the association is capable of conducting accreditation tests for bankers and auditors of Islamic banking on behalf of AAOIFI in Egypt, the chairman stated. A number of bankers have already applied to conduct the accreditation tests, he added. The Bahraini organization will provide the necessary training for the bankers and auditors before conducting the test. Passing the accreditation tests is considered as an international accreditation for those who work in the field of Islamic banking.