Publication:

Shari'ah committee independence: an insider’s view

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Date
2015
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Abstract
Shariah committee independence has been highlighted by the Shariah Governance Framework as an important credential for an effective functioning of Shariah committees. This study examined Shariah committee independence of local IFIs as perceived by the shariah committee members of the IFIs. The results identified Shariah committee independence safeguards and threats, and implied better effectiveness through clearly defined meaning of independence and guidelines or code of best practices as a guide for the committee and related parties.
Keywords
Shariah governance , Islamic financial institutions
Citation
Muhamad Sori, Z., Ramadili Mohd, S. M., & Mohd Rasid, M. E. S. (2015). Shari'ah committee independence: an insider’s view. Research Bulletin, 6. Retrieved from http://www.inceif.org/research-bulletin/shariah-committee-independence-insiders-view/
Publisher
INCEIF
DOI

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Shamsher Mohamad Ramadili Mohd

shamsher@inceif.org

Director, BNP-Paribas-INCEIF Centre for Islamic Asset and Wealth Management

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Zulkarnain Muhamad Sori

zulkarnain@inceif.org

Deputy Director, BNP-Paribas-INCEIF Centre for Islamic Asset and Wealth Management