By Sheila Nu Nu Htay,Mohamed Arif,Younes Soualhi,Hanna Rabittah Zaharin,Ibrahim Shaugee
As the worldwide call for for Islamic coverage items raises, an intensive figuring out of Takaful ideas is essential for accountants, auditors, and leaders of businesses supplying those items. This publication covers the elemental accounting rules and practices of Takaful operations, together with the segregation of resources, liabilities, source of revenue, and costs among the Takaful operator and members; the surroundings apart of money reserves for assembly impressive claims and destiny claims; and the administration of profit and expenditure. that includes vast case stories from real-world occasions, this booklet is definitely the right primer for accounting scholars and practitioners unusual with Islamic finance and Takaful operations.
- Written by way of specialists from the overseas Islamic collage Malaysia, the best enterprise in study in Islamic finance
- Covers all of the significant accounting rules and practices
- Based on real-world event and filled with illustrative case studies
For practising accountants and company leaders, this publication deals a radical schooling in Takaful operations whereas additionally serving as an exceptional advisor for undergraduate scholars and researchers.
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