AAOIFI Shariah Standards
Indices: Appendix A - Brief History of the Preparation of the Standard
The Shariah board decided in its meeting No. (8) held on 28 Safar – 4 Rabi’ I, 1423 A.H., corresponding to 11-16 May 2002 A.D., in Makkah Al-Mukarramah, to issue a Shariah Standard on Indices.
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On 12 Jumada I, 1424 A.H., corresponding to 12 July 2003 A.D., the Shariah Standards Committee decided to commission a Shariah consultant to prepare a draft Standard on Indices.
« Adoption of the Standard Appendix B - The Shariah Basis for the Standard »
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