FAS 3 applies to: a. Where the Islamic bank is acting as Rab al-Maal b. The accounting

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FAS 3 applies to:

a. Where the Islamic bank is acting as Rab al-Maal

b. The accounting of the Mudaraba transactions in the books of Mudarib

c. Accounting treatment of unrestricted investment accounts characterised as Mudaraba

d. Gains and losses attributable to Mudaraba contracts

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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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Question Posted: Mar 11, 2024 03:32 AM

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FAS 3 applies to: a. Where the Islamic bank is acting as Rab al-Maal b. The accounting

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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