More evidence that Usmani-controlled AAOIFI is making a play for control of the entire Shariah Finance industry…

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has adopted three new Shariah standards.

This includes a ruling on standards for the disposal of rights, bankruptcy and the management of liquidity, collection and use.

http://www.tradearabia.com/news/newsdetails.asp?Sn=BANK&artid=181850

 

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