A Mini Guide to SHARI'AH AUDIT for Islamic Financial Institutions - A Primer

The Islamic financial system has progressed leaps and bounds in establishing regulatory and supervisory frameworks. This has been contributed by establishments of AAOIFI and IFSB as well as other local regulatory authorities. The guide identifies that the exercise of Shari'ah audit is first and...

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Bibliographic Details
Main Author: Syed Alwi Mohamed Sultan (Author)
Format: Book
Language:English
Published: Kuala Lumpur Cert Publications 2007
Subjects:
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Summary:The Islamic financial system has progressed leaps and bounds in establishing regulatory and supervisory frameworks. This has been contributed by establishments of AAOIFI and IFSB as well as other local regulatory authorities. The guide identifies that the exercise of Shari'ah audit is first and foremost for the Shari'ah compliance of the IFIs' operations.It also highlights a few challenges faced by the industry such as management buy in, stakeholder awareness, proper framework and standard, training and understanding of Shari'ah related risks.
Item Description:Includes index
Physical Description:152 pages illustrations (some color) 19 cm
ISBN:9789834278571
9834278578