AAOIFI Shariah Standards
Istisna’a and Parallel Istisna’a: Adoption of the Standard
The Shari’ah Standard on Istisna’a and Parallel Istisna’a was adopted by the Shari’ah Board in its meeting No. (6) held on 25-29 Safar 1422 A.H., corresponding to 19-23 May 2001 A.D.
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In its meeting No. (8) held in Makkah Al-Mukarramah on 28 Safar - 4 Rabi’ I, 1423 A.H., corresponding to 11-16 May 2002 A.D., the Shari’ah Board readopted a resolution to reformat the Shari’ah rules for Istisna’a and Parallel Istisna’a in the form of a Shari’ah standard.
« Scope & Shariah Ruling Appendix A - Brief History of the Preparation of the Standard »