My New Book

At last, my new book is ready. The contents of the book are as follows:

CONTENT OVERVIEW

1. ACCOUNTING & ISLAMIC WORLDVIEW

• Accounting and Its Environment • Islamic Worldview and

Accounting • Accounting Objectives: An Islamic Perspective

2. ACCOUNTING CONCEPTS: AN ISLAMIC PERSPECTIVE

• Conventional Accounting Concepts • Accounting Concepts and

Shari’ah Requirements

3. ISLAMIC ETHICS AND ACCOUNTING

• Ethics and Accounting • AAOIFI’s Code of Ethics for Accountants

• Incorporating Islamic Ethics in Accounting Education • Islamic

Ethical Principle of Maslahah and Accounting Ethics

4. FINANCIAL REPORTING FOR ISLAMIC FINANCIAL INSTITUTIONS

• AAOIFI FAS 1 • MASB FRSi-1 (As of 2010 MASB TRi-3)

5. ACCOUNTING FOR ISLAMIC DEPOSIT AND INVESTMENT ACCOUNT

• Principles of Wadi’ah Deposit and Accounting Implications •

Principles of Mudharabah Investment Account • Accounting Issues

on Mudarabah Investment Account • Specific Disclosure

Requirement

6. ACCOUNTING FOR MUDARABAH FINANCING

• Principles of Mudharabah Financing • Accounting for

Mudharabah Financing – AAOIFI FAS 3

7. ACCOUNTING FOR MUSHARAKAH FINANCING

• Principles of Musharakah Financing • Accounting for

Musharakah Financing - AAOIFI FAS 4

8. ACCOUNTING FOR MURABAHAH FINANCING

• Principles of Murabahah Financing • Accounting for Murabahah

Financing – AAOIFI FAS 2

9. ACCOUNTING FOR IJARAH FINANCING

• Principles of Ijarah • Accounting for Ijarah Financing

10. ACCOUNTING FOR INVESTMENT IN ISLAMIC SECURITIES

• Background of AAOIFI FAS 17 • Accounting Recognition

Requirements • Accounting Measurement Issues • Accounting

Disclosure Requirements

11. PRINCIPLES OF ZAKAT & ZAKAT ACCOUNTING FOR BUSINESS

WEALTH

• Zakat vs. Taxation • Fundamental Principles of Zakat • Zakat

Accounting on Business Wealth and Financial Assets

12. ZAKAT ACCOUNTING FOR ISLAMIC FINANCIAL INSTITUTIONS

• Accounting Standard on Zakat: AAOIFI FAS 9 • MASB TRi-1