Explanation of financial accounting requirements for Wa’ad, Khiyar and Tahawwut transactions under AAOIFI FAS 38.
AAOIFI
Posted inIslamic Finance
Financial Reporting for Waqf Institutions: What’s there?
In this article, we bring you the summary of key financial reporting requirements for Waqf institutions under the newly released AAOIFI FAS 37.
Posted inAccounting
Accounting 101: Components of the General Purpose Financial Statements
Understand the main components of general purpose financial statements. The article also explains further what are these components and their purposes.