Saturday 28 February 2015

AAOIFI announces Annual Shari'a Conference dates for 2015

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will hold the 14th Annual Shari’a Conference on 22 and 23 March 2015 in Manama, 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’ah law 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.

Shari’ah scholars, Islamic finance practitioners and academicians will lead the discussions. Anticipated participants at the conference comprise shari’ah 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.

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’ah 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.

AAOIFI will hold training sessions for its Certified Shari’a Adviser and Auditor (CSAA) and Certified Islamic Professional Accountant (CIPA) qualification programmes after the conference, from 24 to 27 March 2015.

AAOIFI, established in 1991 and based in Bahrain, is an 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’ah, accounting, auditing, ethics and governance for international Islamic finance. 

Register for the conference here.