Cash equivalent value in an Istisnaa contract is a. The expected cost to complete the contract b.

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Cash equivalent value in an Istisna’a contract is

a. The expected cost to complete the contract

b. The difference between the expected Istisna’a profit and the expected cost to complete the contract

c. The difference between the contract price and the expected cost to complete the contract

d. The difference between the contract price and the actual cost incurred during the year

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Related Book For  book-img-for-question

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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