Development of Accounting Theory Based on Islamic Principles and Accounting Standards Setting Mechanism Shaukat Amer Assistant Professor COMSAT Institute of Information Technology Attock Pakistan Shaukat_amer@comsats.edu.pk Abstract The purpose of this paper to explore the possibility to look for a new accounting theory and accounting standards setting mechanism under some of Islamic principles.The paper has discussed basic Islamic principles of “Amanah” (Custody)‚ “Shahadat” (Testimony)
Premium Hadith Muhammad Qur'an
DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST (forthcoming in Islamic Economic Studies‚ Vol. 15‚ No. 1) Paper presented at the International Conference on Islamic Capital Markets held in Jakarta‚ Indonesia during August 27-29‚ 2007 jointly organized by Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB)‚ Jeddah‚ Saudi Arabia‚ and Muamalat Institute‚ Jakarta‚ Indonesia. DERIVATIVES IN ISLAMIC FINANCE ANDREAS A. JOBST# ABSTRACT Despite their importance for
Premium Investment Islamic banking Interest
While some historians argue than Islamic science is simply an extension of Greco-Roman science‚ the scientific advancements made by medieval Arabs were unique compared to their Greco-Roman ancestors and quite substantial compared to their European counterparts. The idea that Islamic science is simply a continuation of Greco-Roman science may come from the extensive translation efforts made from Islamic ruler Abbasid caliph al-Mamum in the ninth century. It is important to note that while a greater
Premium Science Scientific method Isaac Newton
The first one is conventional strategies. This is common strategy used by the English teacher in which the teacher introduces new words and give them the meaning of those words. This strategy tends to make the students easy to get bored. The second strategy is visual strategy. The teacher use visual aid to enrich the student vocabulary. It is more interesting than conventional strategy. B. Song a. The Definition of Song According to Ostojic
Premium Communication Nonverbal communication Writing
Difference Between Associate- Degree Level Nurses and Bachelor- Degree Nurses There is always a question about which program is better; Is it the associate’s degree in nursing program provided by community colleges or the baccalaureate of science in nursing program provided by colleges and universities? One similarity is for sure that nurses from both programs can take the NCLEX-RN exam. Before I started college I was debating whether I should go to school for an Associate Degree in Nursing or
Premium Nursing Higher education Academic degree
appreciation Lu mulder Fall 2012 Islamic calligraphy and arabesque. Islamic art is intellectual‚ refined and decorative; it contains no strong emotions and pathos but exhibits serene harmony. The term Islamic art covers a broad range of traditions‚ from metal work‚ carpet weaving‚ calligraphy and arabesque to architecture. It includes religious art as well as art made by and for Muslims and object made for Muslims by artists of other faiths. Islamic art can mean different things to different
Premium Islam Qur'an
There are differences between microeconomics and macroeconomics‚ although‚ at times‚ it may be hard to separate the functions of the two. Microeconomics and macroeconomics are the two major categories within the field of economics. Microeconomics is the branch of economy‚ especially such topics as markets‚ prices‚ industries‚ demand‚ and supply. Microeconomic concentrates on the difficulties of the markets for services and goods‚ and how the price affects the growth of the markets (Microeconomics
Premium Economics
people believe that there is no difference between the definitions of “riot” and “rebellion” at the same time others think the opposite. Riots and rebellions have occurred many times in world history quite independently of any widespread notions of civil disobedience. It is very often mentioned and argued about‚ that is why a huge misunderstanding occurs whether we should call one event a riot or a rebellion. In the following paper I am going to discuss the main differences and give examples of these
Premium United States Immigration to the United States Immigration
Over the course of history‚ there have been many religious conflicts and wars‚ specifically the era of Islamic Spain (711-1492). Islamic Spain was a multi-cultural mix between the three great religions at that time‚ which consisted of Muslims‚ Christians‚ and Jews. For over 700 years‚ the era in which Islamic rulers governed was broken into five different successions which consisted of the Dependant Emirate (711-756)‚ the Independent Emirate (756-929)‚ the Caliphate (929-1031)‚ the Almoravid Era
Premium Islam Spain Christianity
chitectureIslamic Architecture Islamic architecture encompasses a wide range of both secular and religious styles from the foundation of Islam to the present day‚ influencing the design and construction of buildings and structures in Islamic culture. What is Islam? * The name of the religion is Islam‚ which comes from an Arabic root word meaning "peace" and "submission.“ * Islam teaches that one can only find peace in one’s life by submitting to Almighty God (Allah) in heart‚ soul and
Premium Islam Mosque Muhammad