@article{890474,
      recid = {890474},
      author = {Alamad, Samir,},
      title = {Financial and accounting principles in Islamic finance /},
      pages = {1 online resource (368 pages)},
      abstract = {This book provides an original account detailing the  origins and components of a faith-based accounting system  that was founded around 629 CE. By examining the historical  development that the accounting systems underwent within  the context of faith-based rules and values, the book  explains what is meant by the term "faith-based  accounting", together with a discussion of its  characteristics in relation to various product structures  and the underlying Islamic finance principles. It provides  important theoretical and practical contributions by  explaining accounting as a value-based science rather than  a value-free object or abstract. This book explores the way  in which religious rules act as a directive for accounting  and auditing practices in IFIs. Through which the concept  of money and digital currency within the theory of money  and how it is enacted in a faith-based context, amid  differences of opinions among its actors, is examined. This  is an important foundation to explain Islamic accounting  and includes how this outcome would shape the faith-based  view regarding the new phenomenon of digital currency (DC).  Also featured is the concept of paper money within the  theory of money and how it is enacted in a faith-based  legal framework by identifying two core concepts of today's  Fiat money as being a single genus or multi-genera money.  This book is not merely an academic work, nor is it a pure  practitioner guide; rather, it is a robust work that  combines both. It marries rigorous academic research and  theories with practical industry experiences. The book  provides a clear and concise guide to accounting in Islamic  economics and finance and how Islamic financial  institutions could meet the applicable faith-based rules in  their accounting practices.},
      url = {http://library.usi.edu/record/890474},
      doi = {https://doi.org/10.1007/978-3-030-16},
}