Analysis on Shariah governance in Islamic banking: a comparative perspective

Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of Islamic Banking and Finance system. It is the vehicles of the Islamic banking and financial regulatory and supervisory infrastructure. The overall compliance of Islamic banking and financial business i...

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Main Authors: Hasan, Aznan, Md. Sawari, Mohd. Fuad
Format: Conference or Workshop Item
Language:English
Published: 2011
Subjects:
Online Access:http://irep.iium.edu.my/8628/
http://irep.iium.edu.my/8628/
http://irep.iium.edu.my/8628/1/Analysis_on_Shariah_Governance.pdf
id iium-8628
recordtype eprints
spelling iium-86282011-12-14T02:27:16Z http://irep.iium.edu.my/8628/ Analysis on Shariah governance in Islamic banking: a comparative perspective Hasan, Aznan Md. Sawari, Mohd. Fuad BP140 Islamic law (Fiqh) HG1501 Banking KBP Islamic Law Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of Islamic Banking and Finance system. It is the vehicles of the Islamic banking and financial regulatory and supervisory infrastructure. The overall compliance of Islamic banking and financial business is solely depending on the adequacy and efficiency of the Shariah governance. Ignoring or neglecting Shariah governance means creating a vacuum, and thus resulting to undermining the integrity of the Islamic financial system. Although the framework for Shariah Governance varies from one jurisdiction to another, generally the Shariah governance would comprise of two vital components vis-a-vis the Shariah advisory body appointed by regulators and the Shariah body set up by a financial institution in the Islamic banking and finance industry. This research aims to provide a comparative analysis and review of Shariah governance structures practices in different countries. The outcome of the research will contribute to the development of Islamic banking and financial institutions across the jurisdictions specifically in the regulatory framework governing practices on Shariah governance including the structures of Shariah Advisory Boards, their functions, rights and responsibilities. Apart from that, this research also aims to improve the current practices of Shariah governance in Islamic banking and finance industry. 2011-12-03 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/8628/1/Analysis_on_Shariah_Governance.pdf Hasan, Aznan and Md. Sawari, Mohd. Fuad (2011) Analysis on Shariah governance in Islamic banking: a comparative perspective. In: International Conference on Shariah Governance in Islamic Banking Across Jurisdiction, 3 December 2011, Inna Garuda Hotel, Yogyakarta, Indonesia. (Unpublished) http://www.uii.ac.id
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic BP140 Islamic law (Fiqh)
HG1501 Banking
KBP Islamic Law
spellingShingle BP140 Islamic law (Fiqh)
HG1501 Banking
KBP Islamic Law
Hasan, Aznan
Md. Sawari, Mohd. Fuad
Analysis on Shariah governance in Islamic banking: a comparative perspective
description Shariah governance is the essence for a comprehensive regulatory and supervisory infrastructure of Islamic Banking and Finance system. It is the vehicles of the Islamic banking and financial regulatory and supervisory infrastructure. The overall compliance of Islamic banking and financial business is solely depending on the adequacy and efficiency of the Shariah governance. Ignoring or neglecting Shariah governance means creating a vacuum, and thus resulting to undermining the integrity of the Islamic financial system. Although the framework for Shariah Governance varies from one jurisdiction to another, generally the Shariah governance would comprise of two vital components vis-a-vis the Shariah advisory body appointed by regulators and the Shariah body set up by a financial institution in the Islamic banking and finance industry. This research aims to provide a comparative analysis and review of Shariah governance structures practices in different countries. The outcome of the research will contribute to the development of Islamic banking and financial institutions across the jurisdictions specifically in the regulatory framework governing practices on Shariah governance including the structures of Shariah Advisory Boards, their functions, rights and responsibilities. Apart from that, this research also aims to improve the current practices of Shariah governance in Islamic banking and finance industry.
format Conference or Workshop Item
author Hasan, Aznan
Md. Sawari, Mohd. Fuad
author_facet Hasan, Aznan
Md. Sawari, Mohd. Fuad
author_sort Hasan, Aznan
title Analysis on Shariah governance in Islamic banking: a comparative perspective
title_short Analysis on Shariah governance in Islamic banking: a comparative perspective
title_full Analysis on Shariah governance in Islamic banking: a comparative perspective
title_fullStr Analysis on Shariah governance in Islamic banking: a comparative perspective
title_full_unstemmed Analysis on Shariah governance in Islamic banking: a comparative perspective
title_sort analysis on shariah governance in islamic banking: a comparative perspective
publishDate 2011
url http://irep.iium.edu.my/8628/
http://irep.iium.edu.my/8628/
http://irep.iium.edu.my/8628/1/Analysis_on_Shariah_Governance.pdf
first_indexed 2023-09-18T20:18:24Z
last_indexed 2023-09-18T20:18:24Z
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