AAOIFI Shariah Standards
Insolvency: Appendix A - Brief History of the Preparation of the Standard
On 14 Jumada II, 1430 A.H., corresponding to 7 June 2009 A.D., the General Secretariat decided to commission a Shariah consultant to prepare a juristic study on Insolvency.
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In its meeting held in Dubai, United Arab Emirates, on 20 Shawwal 1430 A.H., corresponding to 9 October 2009 A.D., the Shariah Standards Committee discussed the draft of a Shariah Standard on Insolvency and made necessary amendments.
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