The role of the central bank in supporting islamic banking through the policy document on shariah governance of bank negara malaysia
Other Title(s)
دور البنك المركزي في دعم الصيرفة الإسلامية من خلال وثيقة سياسة الحوكمة الشرعية لبنك نيجارا ماليزيا
Author
Source
Cahiers de Politique et de Droit
Issue
Vol. 13, Issue 1 (31 Jan. 2021), pp.597-616, 20 p.
Publisher
l’Université Kasdi Merbah Ouargla Faculté Droit et Sciences Politiques
Publication Date
2021-01-31
Country of Publication
Algeria
No. of Pages
20
Main Subjects
Financial and Accounting Sciences
Topics
Abstract EN
Our study aimed to understand the role of the Central Bank of Malaysia in the development of Islamic banks through the Sharia governance policy document of Bank Negara Malaysia, and the improvements that resulted from its application on the ground.
For this study, we choose Maybank islamic berhard, which is the most important and strongest Islamic bank in Malaysia as an exemple.
The results illustrated that the application of Shariah governance and its structures improve the decision-making process by enhancing Sharia Committee, Improve the internal control by strengthening it with dedicated bodies, improve management of non-compliance risk, enhance disclosure, transparency and clarify responsibilities and accountability.
American Psychological Association (APA)
Arruf, Afifa. 2021. The role of the central bank in supporting islamic banking through the policy document on shariah governance of bank negara malaysia. Cahiers de Politique et de Droit،Vol. 13, no. 1, pp.597-616.
https://search.emarefa.net/detail/BIM-1003503
Modern Language Association (MLA)
Arruf, Afifa. The role of the central bank in supporting islamic banking through the policy document on shariah governance of bank negara malaysia. Cahiers de Politique et de Droit Vol. 13, no. 1 (Jan. 2021), pp.597-616.
https://search.emarefa.net/detail/BIM-1003503
American Medical Association (AMA)
Arruf, Afifa. The role of the central bank in supporting islamic banking through the policy document on shariah governance of bank negara malaysia. Cahiers de Politique et de Droit. 2021. Vol. 13, no. 1, pp.597-616.
https://search.emarefa.net/detail/BIM-1003503
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 615-616
Record ID
BIM-1003503