AAOIFI Shariah Standards
Concession Contracts: Appendix A - Brief History of the Preparation of the Standard
The Shari’ah Board decided in its meeting No. (7) held on 9–13 Ramadan 1422 A.H., corresponding to 24–28 November 2001 A.D., in Makkah Al -Mukarramah to issue a Shari’ah Standard on Concession Contracts.
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On 12 Jumada I 1423 A.H., corresponding to 22 July 2002 A.D., the Shari’ah Standards Committee decided to commission a Shari’ah consultant to prepare a draft standard on concession contracts.
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