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AAOIFI Public Hearing on Central Shariah Board

posted 2 May 2017, 11:41 by UCB Admin
On April 20, 2017, Dr. Sutan Emir Hidayat, Head of Business Administration and Humanities Department along with 2 students of BBA program with Islamic Finance concentration were invited to the Accounting and Auditing Organization for Islamic Financial Institutions (AAOFI)'s public hearing on Central Shariah Board held at Al-Baraka Bank's Headquarter in Manama.

The event was attended by CEOs and other top and middle management of Islamic Financial Institutions and supporting organizations. During the event, UCB delegates gave their valuable inputs and feedback on the draft of Governance Standard No. 8 of the AAOIFI which will be given to the AAOIFI accounting and governance board to finalize the standard.

Dr. Hidayat thanks the AAOFI for the opportunity and said that UCB's participation at the event shows the college's commitment towards Community Service. He hopes the new standard will serve the industry well.