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Question Analyzing and investigating the implication and disclosure the selected Governance/Accounting Auditing or Ethical standard(s) in an Islamic institution from the GCC region showing the extent of compliance to the standard(s) by accessing the latest annual report of the Islamic institution. The analysis supposed to reflect the group through understanding of all chosen standard(a) elements and its implication empirically supported by evidences from the used ammual report Additional Material The Islamic financial institution (the institutions or 1F1s) are required to publish periodic financial statements to satisfy the common information needs of the users, as described in the conceptual framework. Download the report from the link below and write a short commentary of each item for your selected Islamic bank on the following https://aapifi.com/wp-content/uploads/2019/12 Exposure-Draft-F2-2019-FAS-1-General- Presentation-and-Disclosures-in-the-Financial Statements-of-Islamic-Banks-and-Financial Institutions-Revised-2020-Final-ED-30-Dec-2019.pdf You are required to cover the following Elements of financial statement Accounting policies and estimates Presentation and disclosure of Islamic barka Disclosure of Zakah Prohibited transactions Yow source documents for the QUESTION will primarily be Annual reports of your selected islamic bank Question Analyzing and investigating the implication and disclosure the selected Governance/Accounting Auditing or Ethical standard(s) in an Islamic institution from the GCC region showing the extent of compliance to the standard(s) by accessing the latest annual report of the Islamic institution. The analysis supposed to reflect the group through understanding of all chosen standard(a) elements and its implication empirically supported by evidences from the used ammual report Additional Material The Islamic financial institution (the institutions or 1F1s) are required to publish periodic financial statements to satisfy the common information needs of the users, as described in the conceptual framework. Download the report from the link below and write a short commentary of each item for your selected Islamic bank on the following https://aapifi.com/wp-content/uploads/2019/12 Exposure-Draft-F2-2019-FAS-1-General- Presentation-and-Disclosures-in-the-Financial Statements-of-Islamic-Banks-and-Financial Institutions-Revised-2020-Final-ED-30-Dec-2019.pdf You are required to cover the following Elements of financial statement Accounting policies and estimates Presentation and disclosure of Islamic barka Disclosure of Zakah Prohibited transactions Yow source documents for the QUESTION will primarily be Annual reports of your selected islamic bank