Financial Institutions

Adequacy of Disclosure in Islamic Financial Institutions

Adequacy of Disclosure in Islamic Financial Institutions By Muhammad Shabbir, Bank Analyst, Capital Intelligence, Cyprus Introduction: Public disclosure through the publication of financial statements has long been the source of…

Banker Makhluk January 9, 2022

Financial Institutions

International Islamic Financial Market (IIFM)

International Islamic Financial Market(IIFM) International Islamic Financial Market (IIFM): Established in 2001 in Manama, Bahrain to develop and regulate an International Financial market bašed on Shari’ah Rules and Principles. IIFM…

Bankingallinfo December 19, 2021

Financial Institutions

Islamic Financial Institutions: International and National

Islamic Financial Institutions: International and National 1. Islamic Development Bank (IDB) a. Establishment The idea of establishing an international financial institution for Muslim counties was discussed in the late 1960s by…

Bankingallinfo February 7, 2019

Financial Institutions

Islamic Development Bank (IDB)

Islamic Development Bank (IDB) IDB Establishment: Islamic Development Bank (IDB): The idea of establishing an international financial institution for Muslim counties was discussed in the late 1960s by the Organization…

Bankingallinfo October 17, 2018

Financial Institutions

International Association of Islamic Banks (IAIB)

International Association of Islamic Banks (IAIB) International Association of Islamic Banks (IAIB) The International Association of Islamic Banks (IAIB), was established as a technical advisory institution for Islamic banks which…

Bankingallinfo July 28, 2018

Financial Institutions

The Accounting Standards for Islamic Banks

The Accounting Standards for Islamic Banks The Accounting Standards for Islamic Banks are prepared by the ‘Accounting and Auditing Organization for Islamic Financial Institutions. (AAOIFI), which was established in accordance…

Bankingallinfo July 28, 2018