Kamis, 05 April 2012

WORLD - REGULATIONS - Islamic finance pressured to join accounting mainstream

www.reuters.com - (Reuters) - Rapid growth of Islamic finance is increasing pressure for the industry to enter the accounting mainstream, by seeking guidance from the International Accounting Standards Board (IASB), the global body which sets the tone for book-keeping in conventional finance.

It would be a controversial move - by basing itself on religious principles, Islamic finance seeks to

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