This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Papers presented at the AAOIFI Annual Shari’a Conference

17 Apr 2013

On 15 and 16 April 2013 the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) held its Annual Shari’a Conference.

Topics discussed were:

  • Role of Maqassed Al Sharia (Intents of Sharia) in directing Islamic contracts, Sukuk and products
  • Differences between Assets backed securities and Assets based securities
  • Relationship between Assets and their inherent risks
  • Special purpose vehicle (SPV) and its role in Sukuk structures
  • Effects of non-registration of leased assets in lessor’s books from Sharia, legal and accounting perspectives
  • Stipulations of Lender’s benefits from loans
  • Effect of bankruptcy on restricted investment account holders (RIAH)

A summary of the papers presented has been made available on the AAOIFI website (Arabic language only).

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.