(Reuters) - The International Accounting Standards Board (IASB) will consult with banks across the Middle East and Asia on how to bridge differences between accounting practices in Islamic and ...
• Putting in place a financing system that is both Shariah compliant and produces a return for investors is a challenge • Regulators in a Shariah-compliant system require more transparency from banks ...
As global finance places greater emphasis on ethics, sustainability, and transparency, Islamic banking has moved firmly into the mainstream.What was once perceived as a niche system has become one of ...