AAOIFI Shariah Standards
Options to Terminate Due to Breach of Trust (Trust-Based Options): Appendix A - Brief History of the Preparation of the Standard
On 18 Jumada II, 1431 A.H., corresponding to 2 April 2010 A.D., the General Secretariat decided to commission a Shariah consultant to prepare a juristic study on Trust-Based Options.
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In its meeting held in Dubai, on 24 Ramadan 1431 A.H., corresponding to 3 September 2010 A.D., the Shariah Standards Committee discussed the draft of a Shariah Standard on Trust-Based Options and made necessary amendments.
« Adoption of the Standard Appendix B - The Shariah Basis for the Standard »
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