WORLD - REGULATIONS - Bahrain’s Islamic Regulator AAOIFI Issues 7 Financial Standards

www.bloomberg.com - Bahrain’s Accounting & Auditing
Organization for Islamic Financial Institutions issued seven
Islamic standards for the industry, the regulator’s Secretary
General Khaled Al Faqih said today.

The guidelines will govern financial rights or the disposal
of rights, bankruptcy and liquidity management, Al Faqih said at
a news conference in the capital Manama. The agency also