Construction of debt accounting in the perspective of al-Muzammil verse 20
Abdul Gafur

Universitas Mulawarman

Abstract

This study aims to construct debt accounting based on the perspective of the Quran (al-Muzammil verse 20). The construction of debt accounting is the development of theoretical concepts by using a religious method that uses the content of the Quran as a basis for formulating religious scientific concepts regarding debt accounting. The construction results produce the premise that every entity is obliged to provide good loans to Allah and each entity essentially has a debt (obligation) to the poor. This premise results in the theoretical concept that debt accounting is a form of submission to Allah through the recognition of the entity^s obligation to give alms to the poor. The theoretical concept resulted in the proposed concept of Shariah accounting, especially related to religiously value of debts as an effort to replace the mainstream concept of debt accounting that has materialism.

Keywords: religiously value, shariah accounting, debt accounting

Topic: Accounting