In the conventions of Islamic accounting, the historical cost of an asset is its fair value at the date of...
The market price (thaman) that is quoted for an item similar to another, with both having identical or similar features....
A type of reserve (a non-cash reserve) that is created by an entity to account for any increases in asset...
The practice which is used to revalue a financial instrument, in general. In the context of derivatives, marking to market...
A reserve that consists of the cumulative fair value gains or losses on available for sale assets (AFS), and is...
It stands for available for sale reserve; a reserve that consists of the cumulative fair value gains or losses on...
It stands for fair value reserve; a reserve that captures the cumulative net change in the fair value of an...
It stands for fair value reserve; a reserve that captures the cumulative net change in the fair value of an...
A reserve that captures the cumulative net change in the fair value of an asset as long as it is...
Changes (decrease) in values of assets and liabilities that are driven by changes in fundamental economic factors (such as price...