Staff paper on issues in the application of IFRS 9 to Islamic finance

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The IASB’s Consultative Group for Shariah-Compliant Instruments and Transactions will meet in Kuala Lumpur on 5 September 2014 to discuss issues in the application of IFRS 9 ‘Financial Instruments’ to Islamic finance. To this end a staff paper has been prepared addressing issues in the classification of financial instruments under IFRS 9.

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