The Extent of the Obligation of the Jordanian Islamic Banks to Apply the Islamic Accounting Standard No. (11) Relating To the Provisions and Reserves

Abstract

The study aimed at identifying the extent to which the performance of Islamic banks in Jordan conforms to the requirements of Islamic Accounting Standard No. (11) For the provisions and reserves by studying the annual financial reports and comparing them with the requirements of the standard. The study found that the Jordanian Islamic banks are consistent and committed in the majority of their procedures related to the provisions accounts with the requirements of the standard, And a significant difference in its investment risk reserve procedures with the requirements of Islamic Accounting Standard No. (11).