CIFE Islamic Finance Practice Test
CIFE Islamic Banking Regulations (AAOIFI/IFSB)
What is AAOIFI and what is its primary function?
Select your answer
A
The Accounting and Auditing Organisation for Islamic Financial Institutions; it develops Shariah, accounting, auditing, ethics, and governance standards for the Islamic finance industry
B
A UAE government ministry overseeing Islamic banks
C
An investment fund for Islamic projects
D
A central bank for GCC countries
Hint
