AAOIFI Shariah Standards

Impact of Contingent Incidents on Commitments: Appendix A - Brief History of the Preparation of the Standard

In its meeting No. (14) held on 21–23 Rabi’ I, 1426 A.H., corresponding to 30 April - 2 May 2005 A.D., in Dubai (U. A. E.), the Shariah Board decided to issue a Shariah Standard on Impact of Contingent Incidents on Commitments.


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On 29 Jumada I, 1426 A.H., corresponding to 6 July 2005 A.D., the Shariah Standards Committee decided to commission a consultant to prepare a study on Impact of Contingent Incidents on Commitments.

« Adoption of the Standard Appendix B - The Shariah Basis for the Standard »


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