Accounting for Mudharabah dan Musyarakah
The emergence of Islamic banks and other financial
institutions since the 1970s has stimulated a modern
literature that has identified itself as addressing “Islamic
accounting”. The term of “Islamic accounting” may simply
be a convenient label to group together quite disparate
accounting practices and ideas across time and space.
In the development of Islamic finance, it has been said
about the limited record of Islamic financial institutions
applying risk-sharing principles in the financing product,
especially Mudarabah and Musharakah. Mudharabah
and Musyarakah refers to profit sharing and profit/ loss
sharing contract had been used especially in the Islamic
banking operation. The transaction will be recorded
based on the format stipulated by the regulatory bodies
in Malaysia
-
Follow
-
0
-
Embed
-
Share
-
Upload
