• Murabaha

    • CM-8.1.5

      Revenue for the purpose of Murabaha contracts must be recognised on an accrual basis.

      October 07

    • CM-8.1.6

      For a detailed definition, disclosure requirements and method(s) of accounting treatment, refer to AAOIFI's FAS 2: Murabaha and Murabaha to the Purchase Orderer.

      October 07