Sukuk issuances: AAOIFI unlikely to implement Standard 62 this year

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), the leading standard-setting body for Islamic finance, is unlikely to issue its new Standard 62 guideline for sukuk structures this year.  The much-debated standard, designed to differentiate sukuk structures from conventional bonds to meet Shariah compliance, may see the light…