AAOIFI Shariah Standards

Rules for Calculating Profit in Financial Transactions: Adoption of the Standard

The Shariah Board adopted this Standard in its meeting No. (30) held in the Kingdom of Bahrain during the period of 24-26 Jumada II, 1432 A.H., corresponding to 27-29 May 2011 A.D.

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« Scope & Shariah Ruling Appendix A - Brief History of the Preparation of the Standard »

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