Orientation to AAOIFI’s role as a standard setting body for IFIs and update on AAOIFI & CIFCA MoU implementation progress Key Outputs:
Translation of AAOIFI Standards to Kiswahili - AAOIFI to guide, CIFCA to implement translation under Amana Bank’s financial support.
AAOFI standards’ adoption - AAOIFI will guide adoption process starting with stakeholder orientation and CIFCA will coordinate stakeholder efforts, starting with mobilizing Zanzibar Institute for Accountants, Auditors and Tax Advisors (ZIAAT)
Capacity Building to Islamic Finance Professionals - CIFCA will continue coordinating AAOIFI capacity building initiatives in Tanzania and supporting AAOIFI fellowship examinations’ registration and invigilation.
