The role of key functions of Shariah governance in Islamic financial institutions (IFIs)
Other Title(s)
دور الوظائف الأساسية للحوكمة الشرعية في المؤسسات المالية الإسلامية
Joint Authors
Ali, Engku Rabiah Adawiah Engku
al-Nufli, Abd al-Rahman
Source
International Journal of Fiqh and Usul Al-fiqh Studies
Issue
Vol. 4, Issue 1 (31 Jan. 2020), pp.98-107, 10 p.
Publisher
Publication Date
2020-01-31
Country of Publication
Malaysia
No. of Pages
10
Main Subjects
Abstract EN
A solid governance in Islamic financial institutions (IFIs) is reflected in their efficient and sound operations.
Due to the significant role of Sharī‘ah governance in enhancing and developing the operations and transactions of IFIs according to Sharī‘ah rules and principles, every IFI must have a sound Sharī‘ah governance framework.
The key players of this governance should be defined and mentioned clearly.
This paper discusses the role of key functions of Sharī‘ah governance in IFIs such as the Sharī‘ah Supervisory Board (SSB), Sharī‘ah review and Sharī‘ah audit.
Moreover, this paper provides brief information about models of Sharī‘ah governance worldwide.
The main objective of this study is to provide a clear insight about the key elements of Sharī‘ah governance in IFIs.
In order to give this clear insight of the Sharī‘ah governance models, this study describes radically different models of Sharī‘ah governance, and focuses on their similarities and differences.
American Psychological Association (APA)
al-Nufli, Abd al-Rahman& Ali, Engku Rabiah Adawiah Engku. 2020. The role of key functions of Shariah governance in Islamic financial institutions (IFIs). International Journal of Fiqh and Usul Al-fiqh Studies،Vol. 4, no. 1, pp.98-107.
https://search.emarefa.net/detail/BIM-965658
Modern Language Association (MLA)
al-Nufli, Abd al-Rahman& Ali, Engku Rabiah Adawiah Engku. The role of key functions of Shariah governance in Islamic financial institutions (IFIs). International Journal of Fiqh and Usul Al-fiqh Studies Vol. 4, no. 1 (Jan. 2020), pp.98-107.
https://search.emarefa.net/detail/BIM-965658
American Medical Association (AMA)
al-Nufli, Abd al-Rahman& Ali, Engku Rabiah Adawiah Engku. The role of key functions of Shariah governance in Islamic financial institutions (IFIs). International Journal of Fiqh and Usul Al-fiqh Studies. 2020. Vol. 4, no. 1, pp.98-107.
https://search.emarefa.net/detail/BIM-965658
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 106-107
Record ID
BIM-965658