AAOIFI Set to Digitally Transform and Automate All its Operations Within 1 Year 

Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has taken the steps to fully digitalise and automate its internal and external operations and processes through employing several technologies, applications and services, to increase operational efficiency and make full use of its resources for a higher value proposition.

Why it Matters?

The project's goals include streamlining AAOIFI's standard-setting processes, enhancing the adoption rate and effectiveness of its standards’ implementation, and opening up new avenues for interaction with stakeholders. This will result in significant cost, time, and effort reductions, which is anticipated to increase the efficiency, productivity, and the sustainability...