AAOIFI Shariah Standards
Financial Paper (Shares and Bonds): Scope & Shariah Ruling
This Standard covers shares with respect to their issuance and flotation including investment, trading, renting, loaning, pledging and Salam in them, along with the rule for concluding futures, options and swapping contracts on the basis of shares.
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The Standard also covers issuance of and trading in interest-bearing bonds. The Standard does not cover investment Sukuk for which there is a separate specific standard.
« Sale of Commodities in Organized Markets : Appendix B - The Shariah Basis for the Standard Adoption of the Standard »
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