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Bigger Than the Bottom Line: Islamic Principles of Accounting

  • Abul HassanEmail author
  • Sabur Mollah
Chapter

Abstract

This chapter devoted to explain the principles of Islamic accounting which is grounded in principles of fairness, justice and equity between parties—as well as a fundamental sharing of risk and profit of investment. Islamic principles of accounting require ethical accounting standards and practices that can be applied to the details of any given set of financial dealings.

Keywords

Prohibition of Riba Gharar Valuation for zakah Environmental awareness 

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.King Fahd University of Petroleum and MineralsDhahranSaudi Arabia
  2. 2.Accounting and FinanceSwansea UniversitySwanseaUK

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