The Accounting and Auditing Organization for Islamic Financial Institutions (
AAOIFI) is a mouthful of an acronym, but most likely meant to reflect the vast amount of issues and challenges faced by the industry. One would hope that
AAOIFI standards would be easily accessible/available as much as they are quoted by the industry. AAOIFI has evolved into a very influental entity (whether that is positive or not can be debated) thus it seems imperative to ensure such a vocal industry body is representative and receptive to the issues that practitioners face. Case in point, AAOIFI has approximately 180 members from 40 countries whereas there are more than 165 full Takaful operators globally. Good news is there are plenty of membership levels to choose from: Associate, Supporter, Observer. The membership form is
here.
AAOIFI Membership - What's Your Excuse?
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is a mouthful of an acronym, but most likely meant to reflect the vast amount of issues and challenges faced by the industry. One would hope that AAOIFI standards would be easily accessible/available as much as they are quoted by the industry. AAOIFI has evolved into a very influental entity (whether that is positive or not can be debated) thus it seems imperative to ensure such a vocal industry body is representative and receptive to the issues that practitioners face. Case in point, AAOIFI has approximately 180 members from 40 countries whereas there are more than 165 full Takaful operators globally. Good news is there are plenty of membership levels to choose from: Associate, Supporter, Observer. The membership form is here.
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