The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) organised its Annual Conference on Islamic Banking and Finance, in collaboration with the World Bank, in Manama, Kingdom of Bahrain, on 14-15 December 2009. The Conference discussed the most important topics related to the operations of the Financial Islamic Banking such as expanding access to finance to small businesses and households, the way forward for Tawarruq (monetisation) transactions, Sukuk: equity or debt instruments?, investment accounts versus deposit accounts, derivatives: application of mechanisms such as Arboun, Debt Trading and Salam for derivative products including profit rate swap, interbank money market operations, and issues on bankruptcy, liquidation, merger and acquisition.

For more information: http://www.aaoifi.com/Upcomingconf.html