11-10-2003, 01:05 PM
Hi
Let me clarify some things to you.
Islamic accounting system does not have a form though it has a framework which is adequately explained in the previous linked article. it means you can adopt any accounting system and make it sharia' compliant by following the islamic framework.
I would suggest that you go through some selective website to understand islam and how it affects muslims and their daily lives. In this way you will be able to understand more fully how an accounting system can be made sharia' compliant.
Following link may help you.
http//www.islamicity.com/education/understandingislamandmuslims/
Once you have gone through the general understanding of islam, you can go through some of the articles on various issues like how financing is treated in islam etc.
http//www.accountancy.com.pk/reference_islam_accounting.asp
Let me clarify some things to you.
Islamic accounting system does not have a form though it has a framework which is adequately explained in the previous linked article. it means you can adopt any accounting system and make it sharia' compliant by following the islamic framework.
I would suggest that you go through some selective website to understand islam and how it affects muslims and their daily lives. In this way you will be able to understand more fully how an accounting system can be made sharia' compliant.
Following link may help you.
http//www.islamicity.com/education/understandingislamandmuslims/
Once you have gone through the general understanding of islam, you can go through some of the articles on various issues like how financing is treated in islam etc.
http//www.accountancy.com.pk/reference_islam_accounting.asp
