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

Arruf, Afifa

Source

Cahiers de Politique et de Droit

Issue

Vol. 13, Issue 1 (30 Jun. 2021), pp.597-616, 20 p.

Publisher

l’Université Kasdi Merbah Ouargla Faculté Droit et Sciences Politiques

Publication Date

2021-06-30

Country of Publication

Algeria

No. of Pages

20

Main Topic

Banking and Financial 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 (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