
Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance
- English
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Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance
About this book
A comprehensive guide to one of the key risk management issues in the expanding field of Islamic finance
For Islamic financial institutions, Sharia non-compliance is a growing and key risk that must be carefully managed. This book offers a thorough look at non-compliance risk and explains the legal documentation necessary to ensure compliance for professionals in the Islamic finance industry. In addition, the book offers helpful guidance and understanding for the legal departments of Islamic financial institutions, as well as lawyers, legal firms, Shariah advisors, Shariah officers, and students studying Islamic finance. The book covers fundamental concepts, major risk elements, tools and techniques for identifying non-compliance, legal documentation, and the impact of non-compliance, among other vital topics.
- Offers comprehensive coverage of the growing field of non-compliance risk management in Islamic finance
- Includes in-depth coverage of legal documentation
- Written by an expert on the topic who teaches at INCEIF, The Global University for Islamic Finance and IIUM, International Islamic University of Malaysia in Malaysia
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Information
Table of contents
- Cover
- Contents
- Title
- Copyright
- Foreword
- Acknowledgments
- About the Author
- Introduction
- Chapter 1: Fundamental Concept of Sharī`ah and Sharī`ah Non-Compliance Risk
- Chapter 2: Sharī`ah Compliance in IFSA 2013 and Classification of Sharī`ah Non-Compliance Risk
- Chapter 3: The Major Risk Elements of Sharī`ah Non-Compliance Risk and Its Causes in Islamic Finance Operations
- Chapter 4: Tools and Techniques to Identify Incongruence in Sharī`ah Compliance
- Chapter 5: Understanding the Sharī`ah Requirements for Mitigating the Sharī`ah Non-Compliance Risk in Islamic Finance
- Chapter 6: Lines of Defences for Sharī`ah Non-Compliance Risk Management
- Chapter 7: Sharī`ah Non-Compliance Reporting
- Chapter 8: Legal Documentations in Islamic Finance
- Chapter 9: Drafting Legal Documents
- Chapter 10: Useful Information and Samples of Legal Documentation
- Appendix: The Impact of Non-Sharī`ah-Compliance Risk on the IFI, and Checklist
- List of Abbreviations
- Glossary
- Bibliography
- Index