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New answer posted

2 years ago

Islamic Finance

Accountant

Accounting

What about islamic finance? Is it same with accountant?

A

Afterschool Counsellors

Member since Jul' 2018

Answered 2 years ago

Hi Nur Ruqaiyah Nadhirah,

While there are many similarities between the two fields, the main difference is that those who work in Islamic finance typically focus on planning and directing the financial transactions for an organisation, while those who work in accounting focus on recording and reporting on those transactions. Islamic finance differs from traditional finance in terms of the system adopted by the banks; following Islamic laws of investment and risk-sharing.

For more information, do refer to the following links:

Hope this helps!

New answer posted

2 years ago

Islamic Finance

Accountant

Accounting

What about islamic finance? Is it same with accountant?

A

Afterschool Counsellors

Member since Jul' 2018

Answered 2 years ago

Hi Nur Ruqaiyah Nadhirah,

While there are many similarities between the two fields, the main difference is that those who work in Islamic finance typically focus on planning and directing the financial transactions for an organisation, while those who work in accounting focus on recording and reporting on those transactions. Islamic finance differs from traditional finance in terms of the system adopted by the banks; following Islamic laws of investment and risk-sharing.

For more information, do refer to the following links:

Hope this helps!

New answer posted

2 years ago

Islamic Finance

Accountant

Accounting

What about islamic finance? Is it same with accountant?

Showing 1-10 of 1 Queries

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