Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will hold the 14th edition of its Annual Shari'a Conference on 22 and 23 March 2015 in Manama, Kingdom of Bahrain. The conference will be held under the auspices of the Central Bank of Bahrain.
Discussions at the conference will include on topics relating to application of Shari'a to international Islamic finance products, services and practices as well as continuing innovation of Islamic finance to support further growth and expansion of the industry across the world.
Guiding the discussions will be eminent Shari'a scholars as well as leading Islamic finance practitioners and academicians. Participants at the conference comprises Shari'a scholars and senior representatives from central banks, regulatory authorities, financial institutions, accounting and auditing firms, legal firms, universities and higher learning institutions, and other Islamic finance industry stakeholders from the Middle East, Africa, Asia, Europe and North America.
Dr. Hamed Hassan Merah, Secretary General, AAOIFI explained that "the AAOIFI Annual Shari'a Conference has long been regarded as a truly unique forum that brings together Shari'a scholars and Islamic finance practitioners, regulators and academicians". He added that the conference is a major part of AAOIFI's consultation with the international Islamic finance industry especially on AAOIFI's efforts to development new standards and review existing ones.
Following the conference, AAOIFI will hold training sessions for its Certified Shari'a Adviser and Auditor (CSAA) and Certified Islamic Professional Accountant (CIPA) qualification programs from 24 to 27 March 2015.
AAOIFI, established in 1991 and based in Bahrain, is the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry. It has issued a total of 94 standards in the areas of Shari'a, accounting, auditing, ethics and governance for international Islamic finance. It is supported by over 200 institutional members, including central banks and regulatory authorities, financial institutions, accounting and auditing firms, and legal firms, from over 45 countries. Its standards are currently followed by all the leading Islamic financial institutions across the world and have introduced a progressive degree of harmonisation of international Islamic finance practices.
For more information, please contact:
Mr. Khairul Nizam,
Deputy Secretary General, AAOIFI
Office: +973 - 1724 4496;
Mobile: +973 - 3974 5528;
e-mail: aaoifi@batelco.com.bh
Mr. Mohammad Majd Bakir,
Manager, Corporate Development, AAOIFI
Office: +973 - 1724 4496;
Mobile: +973 - 3998 8601;
e-mail:majd.bakir@aaoifi.com
Press Release 2015
