The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin

Generally, Sharia committee is the authorized people who can give instruction, assist and supervise the activities of the financial institution. Although Sharia committee had been established long time before, but many people still not recognized and understood well the roles of Sharia committee pr...

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Main Author: Hishamuddin, Muhammad Zulhaiqal
Format: Student Project
Language:English
Published: Academy of Contemporary Islamic Studies (ACIS) 2017
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/23266/
http://ir.uitm.edu.my/id/eprint/23266/1/PPb_MUHAMMAD%20ZULHAIQAL%20HISHAMUDDIN%20ACI%20B%2017_5.pdf
id uitm-23266
recordtype eprints
spelling uitm-232662019-02-26T07:29:27Z http://ir.uitm.edu.my/id/eprint/23266/ The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin Hishamuddin, Muhammad Zulhaiqal Banking Finance, Islamic Generally, Sharia committee is the authorized people who can give instruction, assist and supervise the activities of the financial institution. Although Sharia committee had been established long time before, but many people still not recognized and understood well the roles of Sharia committee precisely. The supervision of Sharia committee in a financial institution plays vital importance roles in order to presume that the products of Islamic banking that the financial institution offered adhere to Sharia supposedly. In addition, the Sharia committee roles in giving guidance for the financial institution in order to implement the products that have been endorsed and approved by Sharia Advisory Council which is the highest authority in Islamic finance. Furthermore, the independence of Sharia committee in develop the Islamic financial structure for the financial institution give the opportunity for the financial institution to expand the products of Islamic banking throughout community and indirectly contribute for mutually consent transaction that had been approved by Allah. This paper also aims to describe broadly, the roles and scopes of works of the Sharia committee in sustaining the operation of the financial institution in Malaysia. Academy of Contemporary Islamic Studies (ACIS) 2017 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23266/1/PPb_MUHAMMAD%20ZULHAIQAL%20HISHAMUDDIN%20ACI%20B%2017_5.pdf Hishamuddin, Muhammad Zulhaiqal (2017) The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Banking
Finance, Islamic
spellingShingle Banking
Finance, Islamic
Hishamuddin, Muhammad Zulhaiqal
The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
description Generally, Sharia committee is the authorized people who can give instruction, assist and supervise the activities of the financial institution. Although Sharia committee had been established long time before, but many people still not recognized and understood well the roles of Sharia committee precisely. The supervision of Sharia committee in a financial institution plays vital importance roles in order to presume that the products of Islamic banking that the financial institution offered adhere to Sharia supposedly. In addition, the Sharia committee roles in giving guidance for the financial institution in order to implement the products that have been endorsed and approved by Sharia Advisory Council which is the highest authority in Islamic finance. Furthermore, the independence of Sharia committee in develop the Islamic financial structure for the financial institution give the opportunity for the financial institution to expand the products of Islamic banking throughout community and indirectly contribute for mutually consent transaction that had been approved by Allah. This paper also aims to describe broadly, the roles and scopes of works of the Sharia committee in sustaining the operation of the financial institution in Malaysia.
format Student Project
author Hishamuddin, Muhammad Zulhaiqal
author_facet Hishamuddin, Muhammad Zulhaiqal
author_sort Hishamuddin, Muhammad Zulhaiqal
title The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
title_short The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
title_full The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
title_fullStr The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
title_full_unstemmed The roles of Sharia Committee in a Financial Institution in Malaysia / Muhammad Zulhaiqal Hishamuddin
title_sort roles of sharia committee in a financial institution in malaysia / muhammad zulhaiqal hishamuddin
publisher Academy of Contemporary Islamic Studies (ACIS)
publishDate 2017
url http://ir.uitm.edu.my/id/eprint/23266/
http://ir.uitm.edu.my/id/eprint/23266/1/PPb_MUHAMMAD%20ZULHAIQAL%20HISHAMUDDIN%20ACI%20B%2017_5.pdf
first_indexed 2023-09-18T23:10:25Z
last_indexed 2023-09-18T23:10:25Z
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