The Concept of Accounting in Islamic Bank (Indonesia Empirical Cases)

Abstract

This chapter aims to explain the implementation of accounting in Islamic banks industries. Moreover, the research question will include the following: (i) What are the principles of Islamic banking? (ii) How is the implementation of Islamic accounting in Islamic banks? (iii) What is meant by Islamic ethical principles? (iv) What is meant by Islamic financial transactions? (v) What is meant by Islamic financial statements?. Furthermore, based on the formulation of the problem, this chapter aims to understand the implementation of understanding the accounting process for Islamic banking institutions according to Islamic Accounting Standards. In addition, the implication of this chapter is to provide a scientific repertoire in the field of Islamic accounting, especially related to the Islamic banking industry.