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:	BP140 Islamic law (Fiqh) HG1501 Banking KBP Islamic Law
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
_version_	1777407942634504192

Analysis on Shariah governance in Islamic banking: a comparative perspective

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