The Extent of the Application of the Murabaha Financing Standard of the AAOIFI Standards in Islamic Banks: A Case of the Iraqi Islamic Bank

Authors

  • Hayder Ali Kadhim Alfatlawi Postgraduate Student (PhD), Faculty of Business, Department of Finance and Banking, University of Karabuk (UNIKA).
  • Wasan Khifah Abduridha AlSaedi Postgraduate Student (PhD), Faculty of Business, Department of Finance and Banking, University of Karabuk (UNIKA).
  • Saim Kayadibi Prof. Dr., Faculty of Business, Department of Finance and Banking, University of Karabuk (UNIKA).

Keywords:

AAOIFI, Murabaha, Murabaha for the Purchase Order, Margin Al-Jidiyah

Abstract

This research aims to present the Murabaha standard and the accounting treatments for it as stated in the standards of the AAOIFI Authority, which is an international body, and one of its most important activities is the compliance of standards for Islamic banking work. These standards have become respected, trusted and committed by most Islamic banks around the world. As well as the presentation of the actual application of Murabaha as applied by the Islamic Bank of Iraq, which is the largest and oldest Islamic bank in Iraq

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Published

2022-12-30

Issue

Vol. 15 (2022): EJHSS

Section

Articles

How to Cite

The Extent of the Application of the Murabaha Financing Standard of the AAOIFI Standards in Islamic Banks: A Case of the Iraqi Islamic Bank. (2022). Eurasian Journal of Humanities and Social Sciences, 15, 85-103. https://geniusjournals.org/index.php/ejhss/article/view/3026