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Day: January 16, 2025

Islamic Finance Standard Setting Body

Standardization in Islamic Finance: AAOIFI and IFSB Guidelines

Standardization in Islamic finance through AAOIFI and IFSB guidelines ensures transparency, consistency, and compliance with Sharia principles. These frameworks enhance global harmonization, promote financial stability, and support innovation in Islamic financial products like Sukuk and Takaful, fostering trust among institutions and stakeholders.
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