yes, I know for sure. I have done several already. See my website below for detailed instructions with pics and special one with sunroof version.
No big difference for E32 and E38. Just use the online parts catalog and see where the screws, bolts and clips are.
Or contact this one here
http://www.bimmer.info/forum/showthread.php?t=13968
Use the search on top and type in headliner and you will find loads of info and pics.
The search engine is a wonderful thing to get all the good info out of the archives.