AAOIFI Accounting for Islamic Finance

For accountants and finance teams working with Islamic banks, funds or Sharia-compliant companies. The programme explains how the main contracts, Murabaha, Ijarah, Mudaraba, Musharaka and Sukuk, work in practice and how AAOIFI financial accounting standards treat them: recognition, measurement, profit allocation and disclosure. It highlights where AAOIFI treatment differs from IFRS, what auditors and Sharia boards look for, and the common errors that create restatements. Led by an AAOIFI Certified Shari'ah Adviser and Auditor.

What you will learn

• How Murabaha, Ijarah, Mudaraba, Musharaka and Sukuk work
• Recognition and measurement under AAOIFI accounting standards
• Profit allocation and disclosure requirements
• Key differences between AAOIFI and IFRS treatment
• What Sharia boards and auditors review, and common errors