Question: Question 1 Similarities and differences between three different (Musharakah financing) accounting standards which are: Musharakah financing standards under (AAOIFI FAS 4) , Malaysian Musharakah financing

Question 1

Similarities and differences between three different (Musharakah financing) accounting standards which are: Musharakah financing standards under (AAOIFI FAS 4) , Malaysian Musharakah financing accounting standards under (MFRS) and Indonesian Musharakah financing accounting standards under (PSAK 106)

The comparison must be in terms of:

1- The concept of Musharakah financing.

2-Recognition of Musharakah financing

3-Measurement of Musharakah financing

4- Disclosure of Musharakah financing

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