AAOIFI appoints members of its new technical boards

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has announced formation of its new technical boards and the names of appointed members of these boards for a 4-year period- up till end of 2019, or until the succeeding boards are appointed. Currently, the standards development, revision, and related technical work programs in AAOIFI are overseen by two technical boards, namely Shari’ah Board and Accounting and Auditing Standards Board. In order to better serve the international Islamic finance industry, AAOIFI has restructured its technical standards boards and enhanced their major responsibilities.