Abstract
| Language | English |
|---|---|
| Pages | 1-20 |
| Number of pages | 20 |
| Journal | Critical Perspectives on Accounting |
| Early online date | 27 Jun 2017 |
| DOIs | |
| State | E-pub ahead of print - 27 Jun 2017 |
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Keywords
- Islamic accounting
- accounting-imperialism nexus
- collaborative theory of imperialism
- AAOIFI
- International Accounting Harmonisation
- identity staging
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Islamic accounting, neo-imperialism and identity staging : The Accounting and Auditing Organization for Islamic Financial Institutions. / Kamla, Rania; Haque, Faizul.
In: Critical Perspectives on Accounting, 27.06.2017, p. 1-20.Research output: Contribution to journal › Article
TY - JOUR
T1 - Islamic accounting, neo-imperialism and identity staging
T2 - Critical Perspectives on Accounting
AU - Kamla,Rania
AU - Haque,Faizul
PY - 2017/6/27
Y1 - 2017/6/27
N2 - This study locates Islamic accounting within the wider context of globalisation and imperialism. It elaborates on the role played by AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) in sustaining the imperialism-accounting nexus in key Islamic finance markets. Building on the “collaborative theory of imperialism”, we specifically highlight the role of internal collaborators associated with AAOIFI like Islamic Financial Institutions (IFIs), regulatory bodies and Muslim elites, including ulama (Sharia scholars), in the process of aligning AAOIFI with the international accounting harmonisation (IAH) project. Relatedly, we expound on tensions faced by AAOIFI as it attempts to integrate into the IAH project but meanwhile retain its Islamic character and appeal to the Muslim populace. Here, we demonstrate how AAOIFI, like IFIs, engages in an “identity staging” exercise to appear Islamic, while retaining and protecting the interests of Muslim and western elites through the continued support of the accounting-imperialism nexus.
AB - This study locates Islamic accounting within the wider context of globalisation and imperialism. It elaborates on the role played by AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) in sustaining the imperialism-accounting nexus in key Islamic finance markets. Building on the “collaborative theory of imperialism”, we specifically highlight the role of internal collaborators associated with AAOIFI like Islamic Financial Institutions (IFIs), regulatory bodies and Muslim elites, including ulama (Sharia scholars), in the process of aligning AAOIFI with the international accounting harmonisation (IAH) project. Relatedly, we expound on tensions faced by AAOIFI as it attempts to integrate into the IAH project but meanwhile retain its Islamic character and appeal to the Muslim populace. Here, we demonstrate how AAOIFI, like IFIs, engages in an “identity staging” exercise to appear Islamic, while retaining and protecting the interests of Muslim and western elites through the continued support of the accounting-imperialism nexus.
KW - Islamic accounting
KW - accounting-imperialism nexus
KW - collaborative theory of imperialism
KW - AAOIFI
KW - International Accounting Harmonisation
KW - identity staging
U2 - 10.1016/j.cpa.2017.06.001
DO - 10.1016/j.cpa.2017.06.001
M3 - Article
SP - 1
EP - 20
JO - Critical Perspectives on Accounting
JF - Critical Perspectives on Accounting
SN - 1045-2354
ER -