Islamic accounting signifies the method of bookkeeping that observes the tenets of Islam's Shariah law.
It focuses on the ethical dimension of financial dealings while ensuring businesses conduct themselves responsibly within the Islamic framework.
Businesses are assisted in designing their financial activities Islamic accounting services within the bounds of Shariah law, such as the prohibition of riba and un-Islamic investments.
In order for business entities to be able to comply with the Islamic principles of accounting without compromising on ethical and moral business practices, Islamic accounting and structuring must be embraced.
The most significant distinction between Islamic accounting and other forms of accounting is how interest-derived earnings are treated, as riba is not tolerated in Islamic accounting.
Another aspect of Islamic business activity is the issuance of financial reports, which takes on a more profound meaning in the Islamic context, as it measures the effectiveness of adhering to Sharia laws in managing the finances of an organization.
Islamic accounting is unique because it seeks to avoid exploitation and promotes fairness and justice, unlike other forms of accounting which may not be subject to these attributes
For complete lecture on Islamic Accounting Principles , and for more lectures on Islamic Banking and Finance visit: https://aims.education/study-online/islamic-accounting-principles/
#IslamicAccounting #IslamicAccountingServices #shariahcompliant #Accounting #accountinglectures #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation
Institute of Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-institute/
Certified Islamic Banker (CIB)
https://aims.education/islamic-banking-certification-courses/
Certified Islamic Finance Expert (CIFE)
https://aims.education/islamic-finance-certification-courses/
Master Diploma in Islamic Finance (MDIF)
https://aims.education/diploma-in-islamic-banking-and-finance/
MBA in Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-mba-masters-degree/
PhD Islamic Finance
https://aims.education/phd-islamic-finance-and-banking/
It focuses on the ethical dimension of financial dealings while ensuring businesses conduct themselves responsibly within the Islamic framework.
Businesses are assisted in designing their financial activities Islamic accounting services within the bounds of Shariah law, such as the prohibition of riba and un-Islamic investments.
In order for business entities to be able to comply with the Islamic principles of accounting without compromising on ethical and moral business practices, Islamic accounting and structuring must be embraced.
The most significant distinction between Islamic accounting and other forms of accounting is how interest-derived earnings are treated, as riba is not tolerated in Islamic accounting.
Another aspect of Islamic business activity is the issuance of financial reports, which takes on a more profound meaning in the Islamic context, as it measures the effectiveness of adhering to Sharia laws in managing the finances of an organization.
Islamic accounting is unique because it seeks to avoid exploitation and promotes fairness and justice, unlike other forms of accounting which may not be subject to these attributes
For complete lecture on Islamic Accounting Principles , and for more lectures on Islamic Banking and Finance visit: https://aims.education/study-online/islamic-accounting-principles/
#IslamicAccounting #IslamicAccountingServices #shariahcompliant #Accounting #accountinglectures #AIMS #AIMSEducation #Education #elearning #Training #OnlineCourses #WhatIs #OnlineCourses #IslamicBanking #IslamicFinance #ShariahCompliant #IslamicFinancing #IslamicBankingandFinance #Banking #Finance #IslamicStudies #IslamicEducation
Institute of Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-institute/
Certified Islamic Banker (CIB)
https://aims.education/islamic-banking-certification-courses/
Certified Islamic Finance Expert (CIFE)
https://aims.education/islamic-finance-certification-courses/
Master Diploma in Islamic Finance (MDIF)
https://aims.education/diploma-in-islamic-banking-and-finance/
MBA in Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-mba-masters-degree/
PhD Islamic Finance
https://aims.education/phd-islamic-finance-and-banking/
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