The ultimate objective of IFD is to create a standardized and harmonized regulatory and supervisory framework,
for a vibrant Islamic primary and secondary capital market. In pursuit of this objective,
IFD proposes to adopt a maximum number of Shariah accounting, auditing, governance and ethics standards,
especially those issued by the Accounting and Auditing Organization for Islamic Financial Institutions.
As a member of the Islamic Financial Services Board, the SECP is aiming to reach the highest level of standards in order to be at par with the international
regulators for ensuring effective and efficient regulation of the Islamic capital market in Pakistan.
01/01/2016 - 05/03/2016
Islamic Financial Accounting Standards
| Date | Title | Download |
|---|---|---|
| 27/04/2018 | IFAS-2-Ijarah | Download |
| 27/04/2018 | IFAS-1-Murabaha | Download |
| 04/02/2022 | Register of Shariah Compliant Securities | Download |
| 04/02/2022 | Register of Shariah Compliant Companies | Download |
| 19/07/2023 | Register of Shariah Compliant Securities | Download |
| 19/07/2023 | Register of Shariah Compliant Securities | Download |
| 19/07/2023 | Register of Shariah Compliant Securities | Download |
01/01/2016 - 05/03/2016
Shariah Standards
| Date | Title | Download |
|---|---|---|
| 27/04/2018 | Shariah Standard No.13 | Download |
| 27/04/2018 | Shariah Standard No.9 | Download |
| 27/04/2018 | Shariah standard No.8 | Download |
| 27/04/2018 | Shariah Standard No.3 | Download |
| 02/05/2018 | Notification for Shariah Standards 17, 18, 23 | Download |
| 02/05/2018 | Shariah Standard No.23 | Download |
| 02/05/2018 | Shariah Standard No.18 | Download |
| 02/05/2018 | Shariah Standard No.17 | Download |
| 02/05/2018 | Notification of Shari’ah Standards No.3,8,9 and 13 SRO 45 of 2016 | Download |
| 16/10/2023 | Agreements of Musharakah, Shariah structure, Sukuk issuance and Sukuk subscription and Issue agency | Download |
| 21/06/2024 | AAOIFI Shariah Standards – S.R.O. 729(1)/2024 dated May 21, 2024 | Download |