Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and Participation Banks Association of Turkey (TKBB) have signed an Memorandum of Understanding (MOU) for collaborating in enhancing the awareness and promotion of Islamic finance in Turkey and globally.
Under the agreement, the two institutions aim to jointly work in the areas of common interest that support the development of the Islamic finance industry. This includes meaningful exchange of information, conducting joint capacity-building programmes related to AAOIFI standards in Turkey and other jurisdictions. AAOIFI and TKBB also seek to host events focused on areas of mutual interest, and promote their activities to the respective networks and local industries.
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