Zayyad Abdul-BakiUthman Ahmad BukolaAtanda Aliu OlanrewajuSolihu Aramide Ibrahim2025-03-142013-02-02Zayyad, Abdul-Baki et.al (2013). Islamic perspective of management accounting decision making techniques. Journal of Islamic Accounting and Business Research, 4(2).http://dx.doi.org/10.1108/JIABR-05-2012-0031https://repository.nileuniversity.edu.ng/handle/123456789/389Purpose– This paper aims to argue that the methodologies adopted by the conventional management accounting in selecting between or among two or more alternative courses of action, both in the long-term and the short-term decision making endeavours conflict with the overall objective ( falah) of Islamic enterprises. Design/methodology/approach– The paper explores relevant literatures (including the Qur’an and the Hadeeth) to ascertain the objective of an Islamic enterprise and suggest an alternative approach, in making a choice among alternative courses of action, that aligns with the Islamic socio-economic objective (falah). Findings– The paper suggests that both in long-term and short-term decision making endeavours, cost-benefit comparison (where cost includes negative externalities) rather than discounted cashflow techniques or contribution margin should be adopted in making a final choice among alternatives to achieve falah. Research limitations/implications– The paper has not considered other objectives that may be pursued by an organisation beside profit maximization whether short-term or long-term. Practical implications– The paper expands the frontiers of knowledge in Islamic accounting by exposing the inadequacy of the conventional management accounting decision making methods. Originality/value– This paper explores the Islamic perspective of the conventional management accounting which is rare among scholars of accounting.enFalahCost-benefitIslamic accountability theoryDecision makingThird party impactManagement accounting.Article