Leases between accounting thought and the Islamic economics and their position in contemporary zakat accounting

Author

Bin Qdidh, Sufyan

Source

Revue Algérien de Développement Économique

Issue

Vol. 8, Issue 2 (31 Dec. 2021), pp.375-388, 14 p.

Publisher

Kasdi Merbah University of Ouargla Faculty of economic and commercial sciences and management in coordination laboratory of the rehabilitation and development requirements of the developing economies under the global economic openness

Publication Date

2021-12-31

Country of Publication

Algeria

No. of Pages

14

Main Subjects

Economy
Accounting

Topics

Abstract EN

This study focuses on leases as one of the most modern financing tools, issued by the International Accounting Standard (IAS 17) then subsequently the (IFRS 16), It, also, highlights the position of these contracts in the contemporary Zakat accounting and after adapting them so that they correspond to the requirements of the Islamic economics.

The research concluded that the concept of leases is among the well-established concepts in Islamic thought.

However, it has resulted in many practices, most notably leases, that are contrary to Islamic principles.

Thus, the closed-end lease has appeared to deal with these illegal transactions, allowing the contemporary Zakat accounting to take its right of this contract.

American Psychological Association (APA)

Bin Qdidh, Sufyan. 2021. Leases between accounting thought and the Islamic economics and their position in contemporary zakat accounting. Revue Algérien de Développement Économique،Vol. 8, no. 2, pp.375-388.
https://search.emarefa.net/detail/BIM-1296962

Modern Language Association (MLA)

Bin Qdidh, Sufyan. Leases between accounting thought and the Islamic economics and their position in contemporary zakat accounting. Revue Algérien de Développement Économique Vol. 8, no. 2 (2021), pp.375-388.
https://search.emarefa.net/detail/BIM-1296962

American Medical Association (AMA)

Bin Qdidh, Sufyan. Leases between accounting thought and the Islamic economics and their position in contemporary zakat accounting. Revue Algérien de Développement Économique. 2021. Vol. 8, no. 2, pp.375-388.
https://search.emarefa.net/detail/BIM-1296962

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 387-388

Record ID

BIM-1296962