Description
Book SynopsisShariah 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 import
Table of Contents
1. A Critical Analysis of Conceptual Background of Sharīʿah 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 Sharīʿah 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 Shari’ah 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. Shari’ah Governance for Islamic Financial Institutions
