Financial control systems in Islam and its applications in contemporary

Ahmed Saed Ahmed, Siti Rugayah Hj Tibek, Ideris Endot

    Research output: Contribution to journalArticle

    Abstract

    Financial control from the viewpoint of Islam means following all the requirements of rules, regulations, instructions and the provisions of Islamic law which collectively aim to maintain the public money, maintenance and development, both in the collection of resources approved by Islam, or in the area of spending. It is an efficient system and effective financial control in any organization; which is one of the important things for the success of the organization in achieving its objectives. Given the posed systems, financial control is an important basis of the foundation upon which that organization, and therefore, this study will contribute to draw the attention to the importance of control systems within the fold of Islam and how to apply them in the contemporary era, as well as the study aims to explain the most important financial control systems in Islam and its application in contemporary times, and then address the fundamental differences between the control systems in Islam, and position control systems, up to conclusion.

    Original languageEnglish
    Pages (from-to)902-912
    Number of pages11
    JournalAustralian Journal of Basic and Applied Sciences
    Volume5
    Issue number10
    Publication statusPublished - Oct 2011

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    Financial control
    Islam
    Resources
    Islamic law

    Keywords

    • Control systems
    • Financial control
    • Islamic control

    ASJC Scopus subject areas

    • General

    Cite this

    Financial control systems in Islam and its applications in contemporary. / Ahmed, Ahmed Saed; Tibek, Siti Rugayah Hj; Endot, Ideris.

    In: Australian Journal of Basic and Applied Sciences, Vol. 5, No. 10, 10.2011, p. 902-912.

    Research output: Contribution to journalArticle

    Ahmed, Ahmed Saed ; Tibek, Siti Rugayah Hj ; Endot, Ideris. / Financial control systems in Islam and its applications in contemporary. In: Australian Journal of Basic and Applied Sciences. 2011 ; Vol. 5, No. 10. pp. 902-912.
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