AAOIFI Shariah Standards

Istisna’a and Parallel Istisna’a: Appendix A - Brief History of the Preparation of the Standard

In its meeting No. (5) held in Makkah Al-Mukarramah on 8-12 Ramadan 1421 A.H. corresponding to 4-8 December, 2000 A.D., the Shariah Board decided to give priority to the preparation of the a Shariah rules for Istisna’a and Parallel Istisna’a.


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On Monday 11 Shawwal 1420 A.H. corresponding to 17 January 2000 A.D., the Fatwa and Arbitration Committee recommended to the Shariah Board the commissioning of a Shariah consultant to prepare a juristic study and an exposure draft on the Shariah Rules for Istisna’a and Parallel Istisna’a.

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


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