The roles of the Shariah committee in the implementation of value-based intermediation

As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles and impact of Islamic banking institutions toward providing positive and sust...

Full description

Bibliographic Details
Main Authors: Hassan, Rusni, Hasan, Aznan, Itam@Ismail, Muhammad Issyam
Format: Article
Language:English
Published: REDmoney Group 2018
Subjects:
Online Access:http://irep.iium.edu.my/69326/
http://irep.iium.edu.my/69326/
http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf
id iium-69326
recordtype eprints
spelling iium-693262019-01-18T02:16:06Z http://irep.iium.edu.my/69326/ The roles of the Shariah committee in the implementation of value-based intermediation Hassan, Rusni Hasan, Aznan Itam@Ismail, Muhammad Issyam HG3368 Islamic Banking and Finance As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles and impact of Islamic banking institutions toward providing positive and sustainable values to the economy, community and environment. Islamic banking institutions are expected to take proactive action in adopting the VBI initiatives in their operation and business activities. The Shariah committ ee plays a vital role in ensuring that the directions taken by Islamic banking institutions in adopting the VBI initiatives are consistent with Shariah principles. The implementation of VBI will be a good platform for the Shariah committ ee to play its role in leading Islamic banking institutions toward achieving the objectives of Shariah in Islamic fi nance. REDmoney Group 2018-10-10 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf Hassan, Rusni and Hasan, Aznan and Itam@Ismail, Muhammad Issyam (2018) The roles of the Shariah committee in the implementation of value-based intermediation. Islamic Finance News, 15 (41). pp. 25-26. https://www.islamicfinancenews.com/newsletter-issue/volume15-issue41
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG3368 Islamic Banking and Finance
spellingShingle HG3368 Islamic Banking and Finance
Hassan, Rusni
Hasan, Aznan
Itam@Ismail, Muhammad Issyam
The roles of the Shariah committee in the implementation of value-based intermediation
description As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles and impact of Islamic banking institutions toward providing positive and sustainable values to the economy, community and environment. Islamic banking institutions are expected to take proactive action in adopting the VBI initiatives in their operation and business activities. The Shariah committ ee plays a vital role in ensuring that the directions taken by Islamic banking institutions in adopting the VBI initiatives are consistent with Shariah principles. The implementation of VBI will be a good platform for the Shariah committ ee to play its role in leading Islamic banking institutions toward achieving the objectives of Shariah in Islamic fi nance.
format Article
author Hassan, Rusni
Hasan, Aznan
Itam@Ismail, Muhammad Issyam
author_facet Hassan, Rusni
Hasan, Aznan
Itam@Ismail, Muhammad Issyam
author_sort Hassan, Rusni
title The roles of the Shariah committee in the implementation of value-based intermediation
title_short The roles of the Shariah committee in the implementation of value-based intermediation
title_full The roles of the Shariah committee in the implementation of value-based intermediation
title_fullStr The roles of the Shariah committee in the implementation of value-based intermediation
title_full_unstemmed The roles of the Shariah committee in the implementation of value-based intermediation
title_sort roles of the shariah committee in the implementation of value-based intermediation
publisher REDmoney Group
publishDate 2018
url http://irep.iium.edu.my/69326/
http://irep.iium.edu.my/69326/
http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf
first_indexed 2023-09-18T21:38:25Z
last_indexed 2023-09-18T21:38:25Z
_version_ 1777412976380215296