Shariah Governance in Islamic Banking Institutions
- 179 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Shariah Governance in Islamic Banking Institutions
About this book
Shariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional counterparts.
Shariah Governance in Islamic Banking Institutions provides a critical overview of the key aspects pertaining to Shariah governance within Islamic financial institutions and presents a detailed analysis of its conceptual background. The authors have identified the unique issues that have emerged due to the integration of Shariah, namely the involvement of the Shariah supervisory board (SSB), in the corporate governance arrangements of Islamic banks. These issues relate to disclosure, transparency, independency, consistency, confidentiality, competency, and reputation. The book details the doctrines of Shariah pronouncements in Islamic banks, the importance of having a central advisory board at a regulatory level in the standardization of Islamic banking practices, as well as the competence required for Shariah supervisory board members. It provides a critical analysis of the Shariah governance framework in Pakistan and introduces the authors' vision of an ideal Shariah governance framework. Furthermore, the chapters offer guidance in promoting effective policies for improving Shariah governance.
This is one of the core challenges facing Islamic banks, namely, to ensure compliance with faith and provide legitimacy to the business of IBIs, and as such, the book will appeal to both the research and professional communities.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover
- Half Title
- Series Page
- Title Page
- Copyright Page
- Table of Contents
- List of Figures
- List of Tables
- List of Contributors
- 1 A Critical Analysis of Conceptual Background of Shariah Governance Framework for Islamic Banking and Finance
- 2 Assessing Shariah Disclosure in Pakistan: The Case of Islamic Banks
- 3 Fatwa in Islamic Legal Tradition and Its Implications for Shariah Pronouncements of Islamic Banks
- 4 Central Advisory Board and the New Shariah Governance Framework for Islamic Banks in Turkey: A Qualitative Approach
- 5 From Confidentiality to Concealment: An Issue of Shariah Governance in Islamic Banking Institutions
- 6 Paradox of Shariah Governance and Price Competitiveness in Islamic Banking
- 7 Issues in Shariah Governance Framework of Islamic Banking Institutions
- 8 Shariah Audit Practices in Islamic Financial Institutions
- 9 Shariah Governance for Islamic Financial Institutions
- Index