The procedure for disclosing information in the financial statements of islamic financial institutions

The article presents the specifics of information disclosure in the financial statements of Islamic financial institutions (IFIS). The article discusses the basic principles of Islamic finance, which significantly affect the specifics of the formation of financial reports. Special attention is paid to the AAOIFI accounting and auditing standards, which are adapted to meet the requirements of Sharia law and differ from traditional IFRS. Key reporting forms are analyzed, including a statement of financial position and a profit and loss statement, as well as the accounting features of Islamic contracts and financial instruments such as murabaha, mudaraba, ijara and sukuk. The article highlights the importance of comprehensive information disclosure for the sustainable development of IFIS, and provides recommendations for improving reporting standards and practices aimed at increasing their transparency and comparability with international requirements.