Islamic Finance

AAOIFI And UNHCR sign an MoU for joint initiatives and collaboration to enhance Islamic social finance


Dubai, United Arab Emirates, June 14, 2020In a bid to strengthen collaboration and governance in the area of Islamic social finance, the UN Refugee Agency, UNHCR and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) signed today a three-year memorandum of understanding (MoU). This initiative marks the beginning of a long-term partnership between both parties, with the aim of further developing Islamic finance tools for the benefit of the world’s most vulnerable refugees and internally displaced persons (IDPs).

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