Bidabad, Bijan; Allahyarifard, Mahmoud; Sherafati, Mahshid - In: Journal of Islamic Accounting and Business Research 10 (2019) 4, pp. 490-511
Purpose: This paper aims to explain a new system of accounting for partnership financing that applies in Rastin profit and loss sharing banking. In this system, the interest rate is not used in calculations and accounting, and instead, the “time value” of capital based on the amount and...