Statutory accounts externally audited/examined with clean outcome and filed on time (all applicable regulators)
This criterion evaluates whether statutory accounts receive a clean external scrutiny outcome and are filed on time with all relevant regulators (e.g., Charity Commission, OSCR, CCNI, Companies House). For audit, this means an unmodified (unqualified) opinion with no emphasis-of-matter indicating material uncertainty. For independent examination, this means an examiner’s report with no adverse conclusions and no matters of material significance reported to the regulator.
Amānah
The trust or obligation to handle all responsibilities transparently and justly.
Muḥāsabah
The principle of accountability, urging introspection and timely reporting.
Iḥsān
The principle of excellence. In this context, it means going beyond mere compliance to achieve the highest standard of financial transparency and accountability.
ḥifẓ al-māl
Protecting assets requires accurate, timely accounts and prompt remediation of control weaknesses.
Al-ghurm bil-ghunm
Liability accompanies benefit—those who govern and benefit from authority carry responsibility for accurate accounts and timely filings.
Discussion (1)
📋 **Version updated: 1.0.0 → 2.9.7** **Changes:** Updated islamic_references from mizan-297.json
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