Table AII.

Disclosure index of Mudaraba financing

StandardParagraphBrief descriptionScoring possibilities
FAS32/1/4Presentation in the financial statementsYes, No, NA
FAS32/1/4Non-monetary assets should be reported as suchYes, No, NA
FAS32/2/1Measurement of capital paid in cashYes, No, NA
FAS32/2/2Measurement of capital paid in kind (fair value)Yes, No, NA
FAS32/2/3Expenses generally not to be recognised as part of capitalYes, No, NA
FAS32/3/1Capital should be stated net of repaymentsYes, No, NA
FAS32/3/2Treatment of partial loss of capitalYes, No, NA
FAS32/3/3Treatment of full loss of capital without negligenceYes, No, NA
FAS32/3/4Treatment of non-received capital on termination of contractYes, No, NA
FAS32/4/1Recognition: short-term contracts profits or lossesYes, No, NA
FAS32/4/2Recognition: long-term profits – as distributedYes, No, NA
FAS32/4/3Recognition: long-term losses – as deductedYes, No, NA
FAS32/4/4Recognition: long-term losses – at liquidationYes, No, NA
FAS32/4/5Recognition: long-term losses due to misconductYes, No, NA
FAS32/5Disclosure requirementsYes, No, NA

Note:

Number of items in this category: 15

Source: Adopted from Vinnicombe (2012) with modifications
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