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Tips While Solving a Strategic Choices Question
Some important tips to solve strategic choice questions and best approach to get answers
Acing the AAT Exams: The Ultimate Guide to Successful Studying!
To gain recognition for their skills and qualifications, thousands of accounting technicians take the AAT exams every year.
Gross Domestic Product (GDP) With Examples
Learn about Gross Domestic Product and how it’s used to track a country’s economic growth and health, with real-world examples.
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Deciding which ACCA Exam to Take First: Financial Reporting or Audit and Assurance
Introduction In this blog post, we will compare two ACCA exams, Financial Reporting (FR) and Audit and Assurance (AA), and help you decide which one to take first. ACCA, the Association of Chartered Certified Accountants, is a globally recognized professional accounting qualification. Choosing the right exam to start with is an important step in your […]
ACCA Exam Booking: A Step-by-Step Guide and Tips for Success
Introduction The ACCA is a globally recognized professional accounting qualification and in this post, we are going to discuss acca exam booking. By taking and passing the ACCA exams, you can become a fully qualified chartered accountant and open up a world of career opportunities in the accounting and finance sector. One of the first […]
Logic Testing in MS Excel
One of the most often utilised features in Logic Testing in MS Excel. The IF function is typically mentioned when we talk about logic testing.
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Audit Methodology in a Nutshell
Mastering the Art of Audit: A Guide to Effective Audit Methodology
Locking Cell References in MS Excel
Unlock the Full Potential of MS Excel: Learn How to Lock Cell References for Accurate and Efficient Data Analysis
Islamic Law of Business Contracts and Transactions
Islamic Law of Business Contracts and Transactions grounded in Shariah provides a framework ensuring fairness. It promotes transparency and ethical behavior in business dealings. Here we delve into major conditions that must be met. For contracts to be considered valid under Shariah these conditions ensure that contracts align with Islamic principles. They maintain integrity of […]
Types of Contracts in Islamic Law
Shariah classifies contracts into three main types. Let’s have a look at different types of Contracts in Islamic Law. 1. Contracts Resulting In A Permanent Transfer Of Ownership These are the contracts that result in a permanent transfer of ownership of the subject matter of the contract. For example, a regular sale (or bai) of […]
How does Islamic finance work?
If we examine the objectives of Shariah, we can extract a common theme from them, which is the removal of Zulm or injustice from society. We do this by requiring that all financing complies with Shariah law, for example, ensuring that the institutions are dealing with financial products that do not contain any of the […]
Major Prohibitions in Islamic Finance
Why are the Major Prohibitions Important? The general Shariah principle used for transactions is that ‘everything is permitted unless specifically prohibited by Shariah’. This means that under Shariah guidelines, we can do anything, as long as it is not prohibited. Therefore, understanding the Major Prohibitions in Islamic Finance under Shariah for business transactions and contracts is […]
The Rationale for Islamic Finance
What is Islamic Finance? Islamic finance represents a distinct approach to managing investing and distributing money by adhering to Islamic principles or guidelines collectively referred to as Shariah. To understand Islamic finance it’s crucial to first grasp the underlying objectives of the system it operates within. These objectives were identified by a prominent Muslim scholar […]