The Islamic bank should derecognise the investment accounts from its books when: a. It pays the annual
Question:
The Islamic bank should derecognise the investment accounts from its books when:
a. It pays the annual profit to its investors.
b. It returns the investment amount to the investors.
c. The investment accounts generate a loss.
d. The profit earned by the investment account exceeds the amount invested by the investors.
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Related Book For 
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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