FGN To Integrate Islamic Finance Standards Into Nigeria’s Reporting System
FG To Integrate Islamic Finance Standards Into Nigeria’s Reporting System The Federal Government has initiated steps to integrate Islamic finance accounting and auditing standards into Nigeria’s financial reporting system, as part of efforts to enhance transparency, deepen financial inclusion,, and position the country as a leading hub for non-interest finance in Africa. The initiative was unveiled by the Financial Reporting Council of Nigeria at a stakeholders’ engagement on the integration of Islamic finance standards into the Nigerian Financial Reporting Framework, held at the Abuja Continental Hotel on Wednesday in Abuja. Attnews reports that the Accounting and Auditing Organisation for Islamic…
