Ahmed, Mezbah Uddin; Sabirzyanov, Ruslan; Rosman, Romzie - In: Journal of Islamic Accounting and Business Research 7 (2016) 3, pp. 190-201
as a trading contract. For measurement, IFRS adopted the concept of time value of money where the profit allocation is … implication to the financial statements of Islamic banks. In addition, the paper also explains the implication of time value of … money on the measurement of a murabaha contract and the concept of substance over form in recognising financial transactions …