Below is a snapshot of the definition, similarity and differences between Islamic Accounting and Conventional Accounting.
Definition Of Islamic Accounting
Similarities Of Islamic Accounting With Conventional Accounting
Differences Between Islamic Accounting And Conventional Accounting
Islamic Accounting enable users to ensure that Islamic organisations (whether business, government or NFP) abide by the principles of the Shari’ah or Islamic Law in its dealings and enables the assessment of whether the objectives of the organisation are being met.