A joint arrangement whereby the parties that have joint control of the arrangement have rights to the

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A joint arrangement whereby the parties that have joint control of the arrangement have rights to the assets, and obligations for the liabilities, relating to the arrangement is known as:

a. Joint venture

b. Joint operation

c. Joint control

d. Joint arrangement

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

ISBN: 9781032464022

1st Edition

Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik

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