... gives us an idea of the extent of transparency and disclosure (T&D), in the annual reports regarding IAH. Transparency and disclosure Investment account holders AAOIFI accounting standards Islamic banks MENA region The Global economic crisis is a stark illustration of the flaws...

... by conventional banks. IFRS Islamic Banking Mudarabah Substance over form AAOIFI accounting standards Economic reality Murabaha The concept of economic reality has been subject to much discussion in accounting literature and affected standard setters, and hence accounting practices (Erb...