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Islam and accounting

Islam and accounting Islam commands authority over the totality of a Muslim's being, not accepting any distinction between the sacred and the secular. Economics, politics, religious and social affairs—even accounting—fall under the jurisdiction of the divine law of Islam—the shari'a. In fact, accounting in the broad sense is central to Islam, since accountability to God and the community for all activities is paramount to a Muslim's faith.Based on the shari'a, Islam has formulated a comprehensive ethic governing how business should be run, how accounting ought to be undertaken, and how banking and finance is to be arranged. All of these components pose unique challenges to Islamic accounting. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Accounting Forum Taylor & Francis

Islam and accounting

Accounting Forum , Volume 25 (2): 25 – Jun 1, 2001

Islam and accounting

Accounting Forum , Volume 25 (2): 25 – Jun 1, 2001

Abstract

Islam commands authority over the totality of a Muslim's being, not accepting any distinction between the sacred and the secular. Economics, politics, religious and social affairs—even accounting—fall under the jurisdiction of the divine law of Islam—the shari'a. In fact, accounting in the broad sense is central to Islam, since accountability to God and the community for all activities is paramount to a Muslim's faith.Based on the shari'a, Islam has formulated a comprehensive ethic governing how business should be run, how accounting ought to be undertaken, and how banking and finance is to be arranged. All of these components pose unique challenges to Islamic accounting.

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References (13)

Publisher
Taylor & Francis
Copyright
© 2001 Blackwell Publishers Ltd
ISSN
1467-6303
eISSN
0155-9982
DOI
10.1111/1467-6303.00058
Publisher site
See Article on Publisher Site

Abstract

Islam commands authority over the totality of a Muslim's being, not accepting any distinction between the sacred and the secular. Economics, politics, religious and social affairs—even accounting—fall under the jurisdiction of the divine law of Islam—the shari'a. In fact, accounting in the broad sense is central to Islam, since accountability to God and the community for all activities is paramount to a Muslim's faith.Based on the shari'a, Islam has formulated a comprehensive ethic governing how business should be run, how accounting ought to be undertaken, and how banking and finance is to be arranged. All of these components pose unique challenges to Islamic accounting.

Journal

Accounting ForumTaylor & Francis

Published: Jun 1, 2001

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