SHARI’AH GOVERNANCE IN ISLAMIC BANKS (EDINBURGH GUIDES TO ISLAMIC FINANCE)

An in-depth and insightful study of Shari’ah governance from a theoretical and practical perspectivesTopics covered* The theory behind corporate and Shari’ah governance* The regulatory framework for Shari’ah governance* Shari’ah governance approaches* The Shari’ah Board’s role and how it retains its independence, transparency and competence* The operational procedures of Shari’ah governance* The effectiveness of the Shari’ah Board and how it could be improvedShari’ah governance has a profound influence on the day-to-day practice of Islamic Financial Institutions (IFIs). Each jurisdiction has adopted a different approach to developing a governance framework. This book reviews these pluralistic approaches and identifies best practice. With examples, case studies and practical discussions based on IFIs in:* Malaysia* Bahrain* UAE* Qatar* Kuwait * Saudi Arabia* The UK About the Author Zulkifli Hasan is Senior Lecturer at the Islamic Science University of Malaysia