The effects of new AAOIFI standards on Sukuk in choosing the most authentic Islamic principles

• Main Authors: Mohamed Naim, Asmadi, Isa, Mohamad Yazid, Hamid, Mohd Liki
• Format: Article
• Language: English
• Published: Emerald Group Publishing Limited 2013
• Subjects: BP Islam. Bahaism. Theosophy, etc; HG Finance
• Online Access: http://repo.uum.edu.my/12593/1/175.pdf; http://repo.uum.edu.my/12593/; http://dx.doi.org/10.1108/17590811311314302
• Institution: Universiti Utara Malaysia

Purpose– This paper aims to analyse the new standards on Sukuk which was issued by the Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) as a result of the strong critics posed by Shaykh Taqi in the end of 2007 that 85 percent of Sukuk issuance were not in line with the...