Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)

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Contact Details

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History

Founded 26 Feb 1990, Algiers (Algeria). Registered 27 Mar 1991, in the State of Bahrain. Statutes amended Nov 2000.

Aims

Develop accounting, auditing and banking practices; prepare, promulgate and interpret accounting and auditing standards for Islamic financial institutions in order to harmonize accounting practices and auditing procedures; review and amend accounting and auditing standards; prepare, issue, review and adjust the statements and guidelines on banking, investment and insurance practices; work towards the implementation of these standards and statements.

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Activities

Training/education; research/documentation.

Structure

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Languages

Arabic, English.

Staff

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Relations with Non-Governmental Organizations

Relations with 1 non-governmental organizations.
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Publications

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Members

Members in 32 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Banking
    • Accounting
  • Theology
    • Islam

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic Growth

UIA Org ID

D7375

Last News Received

30. Jul 2019
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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