Categories: Accounting

Financial and Accounting Principles in Islamic Finance

Book Name: Financial and Accounting Principles in Islamic Finance
Author: Samir Alamad
Publisher: Springer
ISBN-: 9783030162986,9783030162993
Year: 2019
Pages: 368
Language: English
File size: 6 Mb
File format: PDF

Financial and Accounting Principles in Islamic Finance Pdf Book Description:

This book offers an initial accounts detailing the sources and elements of a faith-based accounting program which has been set around 629 CE. By analyzing the historical development the accounting systems failed within the context of faith-based principles and worth, the publication explains what is meant with the expression”faith-based accounting”, together with a discussion of its attributes regarding several product arrangements and the inherent Islamic finance fundamentals. It gives significant theoretical and practical gifts by describing accounting as a value-based science as opposed to a value-free thing or abstract.

Through which the notion of cash and electronic money over the concept of money and the way it’s enacted within an faith-based circumstance, amid differences of opinions among its celebrities, is analyzed. This can be an important base to describe Islamic bookkeeping and includes this result would form the faith-based view concerning the new occurrence of electronic money (DC). Additionally featured is the idea of paper cash inside the concept of money and the way it’s enacted within an faith-based legal framework by distinguishing two core theories of the Fiat cash as being one genus or multi-genera cash. This book isn’t only an academic job, nor can it be a pure professional guide; instead, it’s a strong work that unites both. It marries rigorous academic study and concepts with practical industry adventures.

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