The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) was established in 1990 to develop different standards to guide the Islamic financial institutions around the world. Although these standards are mandatorily adopted by six countries, the level of harmonization vari...

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Main Authors: Hazaa, Hani HazaaAbdulbari, Othman, Anwar Hasan Abdullah, Syed Jaafar Alhabshi, Syed Musa, Alsuwaigh, Mugbel Abdulltef
Format: Article
Language:English
Published: Mattingley Publishing Co., Inc. 2020
Subjects:
Online Access:http://irep.iium.edu.my/81756/
http://irep.iium.edu.my/81756/1/12200-Article%20Text-21343-1-10-20200715.pdf
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author Hazaa, Hani HazaaAbdulbari
Othman, Anwar Hasan Abdullah
Syed Jaafar Alhabshi, Syed Musa
Alsuwaigh, Mugbel Abdulltef
author_facet Hazaa, Hani HazaaAbdulbari
Othman, Anwar Hasan Abdullah
Syed Jaafar Alhabshi, Syed Musa
Alsuwaigh, Mugbel Abdulltef
author_sort Hazaa, Hani HazaaAbdulbari
building IIUM Repository
collection Online Access
description The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) was established in 1990 to develop different standards to guide the Islamic financial institutions around the world. Although these standards are mandatorily adopted by six countries, the level of harmonization varies from one country to another. The financial reporting regulations were found to be significantly responsible for the variation in the disclosure levels across the countries. This study helps the regulatory authorities in the selected countries to understand how their financial reporting regulations affect the harmonization process of the AAOIFI accounting standards. This is a pioneer study that investigates theoretically and empirically the influential role of the regulations on the disclosure levels across countries.
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institution International Islamic University Malaysia
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publisher Mattingley Publishing Co., Inc.
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spelling iium-817562020-11-24T02:52:28Z http://irep.iium.edu.my/81756/ The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions Hazaa, Hani HazaaAbdulbari Othman, Anwar Hasan Abdullah Syed Jaafar Alhabshi, Syed Musa Alsuwaigh, Mugbel Abdulltef HG1501 Banking HG3368 Islamic Banking and Finance The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) was established in 1990 to develop different standards to guide the Islamic financial institutions around the world. Although these standards are mandatorily adopted by six countries, the level of harmonization varies from one country to another. The financial reporting regulations were found to be significantly responsible for the variation in the disclosure levels across the countries. This study helps the regulatory authorities in the selected countries to understand how their financial reporting regulations affect the harmonization process of the AAOIFI accounting standards. This is a pioneer study that investigates theoretically and empirically the influential role of the regulations on the disclosure levels across countries. Mattingley Publishing Co., Inc. 2020-07-20 Article PeerReviewed application/pdf en http://irep.iium.edu.my/81756/1/12200-Article%20Text-21343-1-10-20200715.pdf Hazaa, Hani HazaaAbdulbari and Othman, Anwar Hasan Abdullah and Syed Jaafar Alhabshi, Syed Musa and Alsuwaigh, Mugbel Abdulltef (2020) The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions. TEST Engineering & Management, 83. pp. 24781-24794. ISSN 0193-4120 http://testmagzine.biz/index.php/testmagzine/article/view/12200/9313
spellingShingle HG1501 Banking
HG3368 Islamic Banking and Finance
Hazaa, Hani HazaaAbdulbari
Othman, Anwar Hasan Abdullah
Syed Jaafar Alhabshi, Syed Musa
Alsuwaigh, Mugbel Abdulltef
The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title_full The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title_fullStr The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title_full_unstemmed The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title_short The influential role of financial reporting regulations on the disclosure levels of Islamic Banks in selected jurisdictions
title_sort influential role of financial reporting regulations on the disclosure levels of islamic banks in selected jurisdictions
topic HG1501 Banking
HG3368 Islamic Banking and Finance
url http://irep.iium.edu.my/81756/
http://irep.iium.edu.my/81756/
http://irep.iium.edu.my/81756/1/12200-Article%20Text-21343-1-10-20200715.pdf