Artikel
Financial reporting of intangible assets in Islamic finance
Purpose: This paper aims to address the financial reporting dimensions of intangible assets with specific reference to International Accounting Standards (IAS) 38 as well as relevant International Financial Reporting Standards (IAS 38 exclusion) that are embedded within intangible assets. These have implications for Islamic financial assets with identifiable and measurable intangible components. Design/methodology/approach The study uses the qualitative research method by way of interviews followed by focus group discussions with professional accountants/accounting academics and Sharīʿah scholars/advisors from academia, the industry and regulatory bodies. Analysis of relevant literature is made to understand the subject matter and Sharīʿah-related issues. Findings The study observes that the accounting dimensions of tangible assets are generally consistent with Sharīʿah requirements. However, significant variation arises when the dimensions of intangible assets are represented in financial assets. Research limitations/implications The paper presents an exploratory in-depth analysis within the context of intangible assets as specified in IAS 38. Originality/value The paper elucidates the comparative accounting dimensions and Sharīʿah requirements in reporting financial assets.
- Language
-
Englisch
- Bibliographic citation
-
Journal: ISRA International Journal of Islamic Finance ; ISSN: 2289-4365 ; Volume: 9 ; Year: 2017 ; Issue: 2 ; Pages: 190-195 ; Bingley: Emerald
- Classification
-
Wirtschaft
- Subject
-
financial assets
Financial reporting
intangible assets
Islamic finance
- Event
-
Geistige Schöpfung
- (who)
-
Syed Musa Alhabshi
Hafiz Majdi Abdul Rashid
Sharifah Khadijah Syed Agil
Mezbah Uddin Ahmed
- Event
-
Veröffentlichung
- (who)
-
Emerald
- (where)
-
Bingley
- (when)
-
2017
- DOI
-
doi:10.1108/IJIF-08-2017-0021
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Syed Musa Alhabshi
- Hafiz Majdi Abdul Rashid
- Sharifah Khadijah Syed Agil
- Mezbah Uddin Ahmed
- Emerald
Time of origin
- 2017
Other Objects (12)
Sharīʿah non-compliant assets as rahn (pledge) in Islamic banking products: a fiqhī perspective
Islamic finance: financial inclusion or migration?
An economic theory of Islamic finance
The regulation of Islamic banking in Mauritius
The contribution of tangible and intangible resources, and capabilities to a firm's profitability and market performance
An integrated approach for building sustainable Islamic social finance ecosystems
The moderating effect of founding assets on the founders' human capital: New venture growth relationship
CSR practices of Palestinian Islamic banks: contribution to socio-economic development
Sharīʿah-compliance ratings of the Islamic financial services industry: a quantitative approach
From Bottom to Top in Higher Education : Women's Experiences and Visions in Different Parts of the World 21(2001)1/2
The principle of maṣlaḥah and its application in Islamic banking operations in Malaysia
An analysis of the normative parameters of reward and risk in Islamic finance
Sharīʿah non-compliant assets as rahn (pledge) in Islamic banking products: a fiqhī perspective
Islamic finance: financial inclusion or migration?
An economic theory of Islamic finance
The regulation of Islamic banking in Mauritius
The contribution of tangible and intangible resources, and capabilities to a firm's profitability and market performance
An integrated approach for building sustainable Islamic social finance ecosystems
The moderating effect of founding assets on the founders' human capital: New venture growth relationship
CSR practices of Palestinian Islamic banks: contribution to socio-economic development
Sharīʿah-compliance ratings of the Islamic financial services industry: a quantitative approach
From Bottom to Top in Higher Education : Women's Experiences and Visions in Different Parts of the World 21(2001)1/2
The principle of maṣlaḥah and its application in Islamic banking operations in Malaysia
An analysis of the normative parameters of reward and risk in Islamic finance
Sharīʿah non-compliant assets as rahn (pledge) in Islamic banking products: a fiqhī perspective
Islamic finance: financial inclusion or migration?
An economic theory of Islamic finance
The regulation of Islamic banking in Mauritius
The contribution of tangible and intangible resources, and capabilities to a firm's profitability and market performance
An integrated approach for building sustainable Islamic social finance ecosystems
The moderating effect of founding assets on the founders' human capital: New venture growth relationship
CSR practices of Palestinian Islamic banks: contribution to socio-economic development
Sharīʿah-compliance ratings of the Islamic financial services industry: a quantitative approach
From Bottom to Top in Higher Education : Women's Experiences and Visions in Different Parts of the World 21(2001)1/2
The principle of maṣlaḥah and its application in Islamic banking operations in Malaysia