AAOIFI Shariah Standards

Conversion of a Conventional Bank to an Islamic Bank: Adoption of the Standards

The Shariah Standard on Conversion of a Conventional to an Islamic bank was adopted by the Shariah Board in its meeting No. (8) held in Al-Madinah Al-Munawwarah on 28 Safar - 4 Rabi’ I, 1423 A.H., corresponding to 11-16 May 2002 A.D.to 11-16 May 2002 A.D.


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