ArabianBusiness.com - Middle East Business News
Monday, 13 May 2024 07:32 UAE time

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Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI)

Main Category: Specialized Bank
First Address : PO Box
City : Manama
Country : Bahrain
Phone: 973 17 244496
Fax: 973 17 250194
Email: aaoifi@batelco.com.bh
Website: www.aaoifi.com


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Dr Mohammed Nedal Alchaar

The boss of the standard-setting body for Islamic finance on why the $1trillion industry is set for even greater things.

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AAOIFI to start Islamic finance screening in 2010

Organisation said process will be 'product by product' and not 'widespread'.

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New watchdog set to probe Sharia violations on finance

EXCLUSIVE: Islamic finance chief says committee will be launched in H1 2010.

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Islamic finance group clarifies industry regulations

AAOIFI publishes two new reports setting Shari'a governance standards.

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Risky business?

A high-profile default is renewing debate about whether Sukuks are in fact equity-like instruments.

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Sharia banks may charge fees for offering guarantees

Religious scholar says charges represent payments in exchange for transfer of risk.

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Islamic financiers meet as downturn bites business

Scholars, lawyers & investors plan to discuss the future of Islamic finance in London.

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Global sukuk market seen dormant until mid '09

Local banks supportive but 'don't have the balance sheet', says senior banker.

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Islamic bond market 'wrecked' by critical remarks

New issues fall to $14bn this year from $50bn after Bahrain-based sheilkh's ruling.

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Global debt goes Islamic

Despite a slowdown in the Islamic bond market, firms around the globe are turning to Islamic issuances.

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West turning to sukuk as debt markets dry up

ASEAN secretary general says appeal of Islamic bonds growing as credit crisis worsens.

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Sukuk structures set for shake-up

Arrangers need innovative Shariah financing models.

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Into the great unknown

There are signs that the GCC, and the global Islamic finance community, is moving towards a common set of Sharia standards.

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Most sukuk 'not Islamic', body claims

Up to 85% of Gulf Islamic bonds do not comply with Islamic law, according to standards board scholars.

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