ISLAMIC FINANCIAL INSTITUTIONS IN THE STATE OF QATAR AND APPLICATION OF FINANCIAL ACCOUNTING STANDARDS IN THEM
DOI:
https://doi.org/10.60078/2992-877X-2024-vol2-iss11-pp165-171Abstract
This article discusses the role of Islamic finance in Qatar’s economy, Islamic financial institutions located in Qatar, including Islamic banks, Islamic insurance companies, and the financial accounting standards used in them. The legal basis of the financial accounting standards used in Qatar will be covered. It examines the application of financial accounting rules in Qatari law to commercial organizations and Islamic financial institutions and reveals how two different financial accounting standards are used in the country.
Keywords:
financial accounting accounting Islamic banks commercial organizations Islamic insurance companies AAOIFI standards IFRS standardsReferences
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