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


CIBAFI provided its comments to the Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI) on its the Revised Financial Accounting Standard (FAS) 1: “General Presentation and Disclosures in the Financial Statements of Islamic Banks and Financial Institutions”.

In its submission, CIBAFI thanked the AAOIFI for giving the opportunity to the Islamic financial services industry stakeholders to comment on the standard. CIBAFI has provided collective feedback of its member banks from over 34 jurisdictions.

CIBAFI PDGCIBAFI comments to the AAOIFI, May 2021

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