What is AAOIFI

AAOIFI is abbreviated of

 Accounting and Auditing Organization for Islamic Financial Institutions
  is a Bahrain based not-for-profit organization that was established to maintain and promote Shariah standards for Islamic financial Institutions, participants and the overall industry. The Commission also organizes a number of professional development programs (especially the Islamic legal accountant program and the observer program and forensic auditor) in their effort to upgrade the human resources working in the industry and the development of governance structure controls the institutions,

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