The Impact of Applying the Islamic Financial Institution Accounting Standard No (8) on Lease and lease Ending with Ownership on the performance of Sudanese Banks

Abstract

The study aimed at identifying the way for the standard and identification of the reasons and problems that hinder the application of the standard and to strengthen and highlight the benefits provided by the application of this standard and provide solutions to the problems presented by its application, the study of analytical descriptive approaches The questionnaire as a major tool for collecting data from a sample of Sudanese Islamic banks. The data was analyzed using the SPR program to estimate the computational circles and test the hypotheses and concluded the study of the implementation of the standard for the performance of Sudanese banks in terms of capital adequacy indicator and achievement of excellent profits and commitment by banks Sudan is implementing an Islamic standard No. 8 Ijara and the completion ended up. The presence of clear and configurable laws and legislation requires Sudanese banks to implement the standard. The application of the criterion of Ijarah and Emergency Endoscope contributes to increased user confidence for lists and recommended the study necessitated by the Sudanese financial system in the adoption of Islamic banking, which depends on the application of accounting and auditing standards for Islamic financial institutions. The Shari'a Control Authority shall oblige Sudanese banks to apply all the requirements of the Islamic Standard No. (8). Make use of leasing and trade contracts for ownership in financing various economic projects and the development of accounting standards for Islamic financial institutions to formats and new financial instruments to keep pace with continuous economic development