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INTRODUCTION TO ISLAMIC FINANCIAL SYSTEM : - Coggle Diagram
INTRODUCTION TO ISLAMIC FINANCIAL SYSTEM :
An Islamic financial system is governed by additional rules designed to help a society establish social justice and eliminate financial exploitation.
Islamic Banking in Malaysia
CIMB ISLAMIC BANK BERHAD
RHB ISLAMIC BANK BERHAD
HONG LEONG ISLAMIC BANK BERHAD
AM ISLAMIC BANK BERHAD
AFFIN ISLAMIC BANK BERHAD
MAYBANK ISLAMIC BERHAD
ALLIANCE ISLAMIC BANK BERHAD
PUBLIC ISLAMIC BANK BERHAD
The Need for Islamic Accounting for Islamic Financial Institution
Accounting in Islamic overview has the main objective to ensure fair and just financial transactions between parties to fulfill accountability to principal, management, and social at large and the most ultimate accountability to Allah swt.
Islamic Accounting
Islamic accounting is “the accounting process which provides appropriate information to stakeholders of an entity to ensure that entity is continuously operating within Islamic shariah boundary and delivering on its socioeconomics objectives.”
The Challenges of Islamic Accounting Systems
Legal Support
Islamic Prudential Regulations
Risks
Benchmark
Shariah Based Products
Nature of Islamic Banking
Lender of Last Resort Facility
Islamic Future Exchange