Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)

This study seeks to investigate the disclosure of Shariah related information (SRI) in financial reporting practice of Islamic Cooperative (IC). This paper reports on a case study of three Baitul Maal wat Tamwil (BMT) based organizations that are IC. The financial statements of these organizations...

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Main Authors:	Mohamad, Rahmawati, Hamdan, Hamdino, Annuar, Hairul Azlan, Abdul Rashid, Hafiz Majdi
Format:	Conference or Workshop Item
Language:	English
Published:	Kolej Universiti Islam Selangor (KUIS) 2017
Subjects:	HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance.
Online Access:	http://irep.iium.edu.my/60834/ http://irep.iium.edu.my/60834/ http://irep.iium.edu.my/60834/1/Shariah%20Related%20Information%20BMT.pdf

id	iium-60834
recordtype	eprints
spelling	iium-608342018-01-10T02:58:09Z http://irep.iium.edu.my/60834/ Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT) Mohamad, Rahmawati Hamdan, Hamdino Annuar, Hairul Azlan Abdul Rashid, Hafiz Majdi HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. This study seeks to investigate the disclosure of Shariah related information (SRI) in financial reporting practice of Islamic Cooperative (IC). This paper reports on a case study of three Baitul Maal wat Tamwil (BMT) based organizations that are IC. The financial statements of these organizations are analyzed using a self-constructed index consisting 54 items overall. This study uses annual reports from 2010 to 2013 because they were the most recent data available at the beginning of the study. It found that ICs in Indonesia has used ‘accounting standard for Islamic Financial Institutions’ as standard and there are aspects of Shariah-based disclosure practices for IC that are not adequately implemented in financial practices of IC. This study is expected to contribute to the improvement of ICs level of transparency and financial disclosure. This paper fulfills an identified need to study how Shariah principles can be incorporated into the financial reporting practices of IC that enhance financial disclosure in ICs. Kolej Universiti Islam Selangor (KUIS) 2017-11-07 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/60834/1/Shariah%20Related%20Information%20BMT.pdf Mohamad, Rahmawati and Hamdan, Hamdino and Annuar, Hairul Azlan and Abdul Rashid, Hafiz Majdi (2017) Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT). In: 4th International Conference on Management and Muamalah 2017 (ICoMM 2017), 7th-8th Nov. 2017, Putrajaya. (Unpublished) http://conference.kuis.edu.my/icomm/4th/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance.
spellingShingle	HG3368 Islamic Banking and Finance HG4001 Financial management. Business finance. Corporation finance. Mohamad, Rahmawati Hamdan, Hamdino Annuar, Hairul Azlan Abdul Rashid, Hafiz Majdi Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
description	This study seeks to investigate the disclosure of Shariah related information (SRI) in financial reporting practice of Islamic Cooperative (IC). This paper reports on a case study of three Baitul Maal wat Tamwil (BMT) based organizations that are IC. The financial statements of these organizations are analyzed using a self-constructed index consisting 54 items overall. This study uses annual reports from 2010 to 2013 because they were the most recent data available at the beginning of the study. It found that ICs in Indonesia has used ‘accounting standard for Islamic Financial Institutions’ as standard and there are aspects of Shariah-based disclosure practices for IC that are not adequately implemented in financial practices of IC. This study is expected to contribute to the improvement of ICs level of transparency and financial disclosure. This paper fulfills an identified need to study how Shariah principles can be incorporated into the financial reporting practices of IC that enhance financial disclosure in ICs.
format	Conference or Workshop Item
author	Mohamad, Rahmawati Hamdan, Hamdino Annuar, Hairul Azlan Abdul Rashid, Hafiz Majdi
author_facet	Mohamad, Rahmawati Hamdan, Hamdino Annuar, Hairul Azlan Abdul Rashid, Hafiz Majdi
author_sort	Mohamad, Rahmawati
title	Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
title_short	Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
title_full	Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
title_fullStr	Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
title_full_unstemmed	Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)
title_sort	disclosure of shariah related information in islamic cooperatives: a case study on baitul maal wat tamwil (bmt)
publisher	Kolej Universiti Islam Selangor (KUIS)
publishDate	2017
url	http://irep.iium.edu.my/60834/ http://irep.iium.edu.my/60834/ http://irep.iium.edu.my/60834/1/Shariah%20Related%20Information%20BMT.pdf
first_indexed	2023-09-18T21:26:14Z
last_indexed	2023-09-18T21:26:14Z
_version_	1777412210306318336

Disclosure of Shariah related information in Islamic cooperatives: a case study on Baitul Maal Wat Tamwil (BMT)

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