DOI:
https://doi.org/10.71337/inlibrary.uz.science-research.139320Keywords:
AAOIFI islom banklari risklarni boshqarish shariat standartlari moliyaviy operatsiyalar barqarorlik shaffoflikni ta’minlash.Abstract
This article provides a scientific analysis of the significance, challenges, and ways to improve the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standard in managing risks within Islamic banks. Since Islamic banks are prohibited from conducting activities based on interest (riba), their level of risk may be higher compared to conventional banks. Therefore, a special AAOIFI standard has been developed for Islamic banks. The article examines the main types of risks in Islamic banks — liquidity, operational, credit, and Shariah compliance risks. It also explores the theoretical and practical importance of the AAOIFI standard in managing these risks. The research results show that Islamic banks applying the AAOIFI standard have lower risk levels and greater financial stability.References
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Shari'ah Standards. Accessed May 1, 2025. https://aaoifi.com/shariaa-standards/?lang=en
Elhalaby, S. (2023). “The Adoption of AAOIFI Standards by Islamic Banks.” MDPI Economics 11(2): 39https://www.mdpi.com/2227-7099/11/2/39
Abdullah, D. (2010). The effect of Shari’ah principles on accounting methods for Islamic banks. Paper presented at the World Congress of Accountants, Kuala Lumpur, 10.
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). (2024). AAOIFI Annual Report 2024. https://aaoifi.com/wp-content/uploads/2025/09/AAOIFI-Annual-Report-2024.pdf
