From Dailymirror.lk: The need for an accounting system that will work is what sukuk offers the Malaysian Islamic finance ratings company stated, adding that it has better control and governance in accordance with the Islamic concepts of carrying out financial transactions in a banking system.

“The current conventional accounting standard is no good, control and governance is a culture that should be established,” RAM Ratings Lanka Country Manager and Acting CEO Sri Lanka Kingston Ng told the Daily Financial Times during an interview recently…..Full Article: Source