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MANAMA: Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and Malaysia-based Islamic Financial Services Board (IFSB) are collaborating to come up with a comprehensive joint standard on Sharia governance, it has emerged.
This was announced by Central Bank of Bahrain (CBB) governor Rasheed Al Maraj yesterday during the 16th edition of the annual Islamic banking and finance conference that AAOIFI organises jointly with the Islamic Development Bank (IsDB) .
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