AAOIFI Enhances Availability of Services through Freely Accessible Standards and its association with DDCAP Group

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced that all of its standards are now available for free on its website in both English and Arabic. The AAOIFI highlighted that these standards should only be accessed through its official website and that the Institution would not take responsibility for ‘other versions’ of the standards that are found on various social media platforms.

Previously, the AAOIFI had made available only its Shariah standards online free of charge. The AAOIFI stated that its Executive Committee had recently accepted its proposal to make all standards available online, including accounting, governance, auditing, and ethics standards. To date, the AAOIFI has issued 59 Shariah standards, 33 accou...