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Chairman of Association's Perspective
The main purpose of establishing this association is to promote ... More
It is enormously important to bring up and trade money in the Islamic form in society. If we can establish this fact literally in society, it will be a graet conquest. Conquest doesn't mean just conquering castles and fortifications.
The characteristic of Islamic banking and its instruments are non-usury money trading, regulating money transactions under Islamic laws and conducting correct Islamic transactions in which there are no oppression, exploitation, wealth accumulation (unfairly), class discrimination and the like.
Scientists who are eager to do research must literally carry out their research to reach unknown facts.
The Supreme Leader
29 August 1990
Latest News
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Islamic Finance Reaches $6t
The Islamic finance industry now holds approximately $6t in assets across nearly 100 jurisdictions.
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AAOIFI to Hold CSE Examinations in September, 2026
IAIF, the representative of AAOIFI in Iran, will administer the CSE examination in Tehran in September 2026.
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Why new trade routes will benefit Islamic finance
Islamic finance can help financial institutions strengthen their trade, treasury, payments, and settlement flows
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Decline in Global Sukuk Issuance Following US Aggression on Iran
S&P Global Ratings warned that the war in the Middle East has cast a shadow over the global sukuk market, leading to a decline in sukuk issuances.
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IDB Group holds only 0.1% of Islamic finance market
The IDB Group's assets amount to approximately $40 billion, representing 0.1% of Islamic finance market.
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20th Islamic Development Bank (IsDB) Global Forum on Islamic Finance
The Annual Meetings of the Islamic Development Bank (IsDB) Group, will take place in Baku on June 16–19.
