CIBAFI COMMENTS TO THE Accounting and Auditing organization for Islamic Financial Institutions


CIBAFI submitted its comments on 28th June 2018 to the Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) on its Exposure Draft on the Revised Financial Accounting Standard No. 25: “Investments in Sukuk, shares and similar instruments”.

The Exposure Draft was issued on 30th May 2018 and is open for public consultation until 30th June 2018.

CIBAFI thanked the AAOIFI for giving the opportunity to the Islamic Financial Services Industry to comment on the Exposure Draft and provided collective feedback of its member institutions from over 33 jurisdictions.

CIBAFI PDGCIBAFI comments to the AAOIFI, June 2018

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