AAOIFI Shariah Standards
Commercial Papers: Appendix A - Brief History of the Preparation of the Standard
In its meeting No. (7) held in Makkah Al-Mukarramah during the period of 9-13 Ramadan 1422 A.H., corresponding to 24-28 November 2001 A.D., the Shariah Board decided to issue the Shariah standard for Commercial Papers and to appoint a Shariah consultant for the preparation of the exposure draft of the Shariah standard for commercial papers.
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