Foundations of Shari'ah governance of Islamic banks:
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Chichester, West Sussex
Wiley
2015
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Schriftenreihe: | Wiley Finance Series
|
Schlagworte: | |
Online-Zugang: | FRO01 UBG01 Volltext |
Beschreibung: | Includes index "A practical guide for robust shari'ah governance of the Islamic banking industryDebate in the market on the extent of shari'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Shari'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of shari'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the shari'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust shari'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of shari'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible shari'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of shari'ah and its relation to financial dealings; Probe the role of regulators in shari'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to shari'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Shari'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal shari'ah control system including its six components, and examine the internal shari'ah audit function as well as different stages of conducting a shari'ah audit; Clarify the role of a shari'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample shari'ah risk assessment grid and audit checklists; Discuss the newly emerging external shari'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust shari'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical shari'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share"-- "Discusses current Sharia governance practices in Islamic banking, outlines the challenges it presents, and supplies a practical Sharia governance model"-- |
Beschreibung: | 1 Online-Ressource |
ISBN: | 9781118460795 1118460790 9781118460801 1118460804 9781119053507 1119053501 1118460774 9781118460771 |
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500 | |a "A practical guide for robust shari'ah governance of the Islamic banking industryDebate in the market on the extent of shari'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Shari'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of shari'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the shari'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust shari'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of shari'ah compliance of market players. | ||
500 | |a The authors detail the internal, external, and institutional arrangements needed to promote responsible shari'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. | ||
500 | |a The chapters of the book do the following: Examine the roots, characteristics and objectives of shari'ah and its relation to financial dealings; Probe the role of regulators in shari'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to shari'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Shari'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal shari'ah control system including its six components, and examine the internal shari'ah audit function as well as different stages of conducting a shari'ah audit; Clarify the role of a shari'ah auditor, with guidance on reporting lines, | ||
500 | |a scope of duties, authority, and practical ways on fulfilling tasks, such as a sample shari'ah risk assessment grid and audit checklists; Discuss the newly emerging external shari'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust shari'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical shari'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share"-- | ||
500 | |a "Discusses current Sharia governance practices in Islamic banking, outlines the challenges it presents, and supplies a practical Sharia governance model"-- | ||
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Datensatz im Suchindex
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any_adam_object | |
author | Ginena, Karim |
author_facet | Ginena, Karim |
author_role | aut |
author_sort | Ginena, Karim |
author_variant | k g kg |
building | Verbundindex |
bvnumber | BV043397408 |
collection | ZDB-35-WIC |
ctrlnum | (ZDB-35-WIC)ocn899041189 (OCoLC)899041189 (DE-599)BVBBV043397408 |
dewey-full | 332.10917/67 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.10917/67 |
dewey-search | 332.10917/67 |
dewey-sort | 3332.10917 267 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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geographic | Islamic countries fast |
geographic_facet | Islamic countries |
id | DE-604.BV043397408 |
illustrated | Not Illustrated |
indexdate | 2024-07-10T07:24:53Z |
institution | BVB |
isbn | 9781118460795 1118460790 9781118460801 1118460804 9781119053507 1119053501 1118460774 9781118460771 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-028815992 |
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physical | 1 Online-Ressource |
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publishDate | 2015 |
publishDateSearch | 2015 |
publishDateSort | 2015 |
publisher | Wiley |
record_format | marc |
series2 | Wiley Finance Series |
spelling | Ginena, Karim Verfasser aut Foundations of Shari'ah governance of Islamic banks Karim Ginena, Azhar Hamid Chichester, West Sussex Wiley 2015 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Wiley Finance Series Includes index "A practical guide for robust shari'ah governance of the Islamic banking industryDebate in the market on the extent of shari'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Shari'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of shari'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the shari'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust shari'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of shari'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible shari'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of shari'ah and its relation to financial dealings; Probe the role of regulators in shari'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to shari'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Shari'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal shari'ah control system including its six components, and examine the internal shari'ah audit function as well as different stages of conducting a shari'ah audit; Clarify the role of a shari'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample shari'ah risk assessment grid and audit checklists; Discuss the newly emerging external shari'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust shari'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical shari'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share"-- "Discusses current Sharia governance practices in Islamic banking, outlines the challenges it presents, and supplies a practical Sharia governance model"-- BUSINESS & ECONOMICS / Finance bisacsh Banks and banking fast Banks and banking / Religious aspects / Islam fast Bank Religion Wirtschaft Banks and banking / Islamic countries Banks and banking / Religious aspects / Islam Islamic countries fast Electronic books Hamid, Azhar Sonstige oth Erscheint auch als Druck-Ausgabe, Hardcover 978-1-118-46077-1 https://onlinelibrary.wiley.com/doi/book/10.1002/9781119053507 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ginena, Karim Foundations of Shari'ah governance of Islamic banks BUSINESS & ECONOMICS / Finance bisacsh Banks and banking fast Banks and banking / Religious aspects / Islam fast Bank Religion Wirtschaft Banks and banking / Islamic countries Banks and banking / Religious aspects / Islam |
title | Foundations of Shari'ah governance of Islamic banks |
title_auth | Foundations of Shari'ah governance of Islamic banks |
title_exact_search | Foundations of Shari'ah governance of Islamic banks |
title_full | Foundations of Shari'ah governance of Islamic banks Karim Ginena, Azhar Hamid |
title_fullStr | Foundations of Shari'ah governance of Islamic banks Karim Ginena, Azhar Hamid |
title_full_unstemmed | Foundations of Shari'ah governance of Islamic banks Karim Ginena, Azhar Hamid |
title_short | Foundations of Shari'ah governance of Islamic banks |
title_sort | foundations of shari ah governance of islamic banks |
topic | BUSINESS & ECONOMICS / Finance bisacsh Banks and banking fast Banks and banking / Religious aspects / Islam fast Bank Religion Wirtschaft Banks and banking / Islamic countries Banks and banking / Religious aspects / Islam |
topic_facet | BUSINESS & ECONOMICS / Finance Banks and banking Banks and banking / Religious aspects / Islam Bank Religion Wirtschaft Banks and banking / Islamic countries Islamic countries |
url | https://onlinelibrary.wiley.com/doi/book/10.1002/9781119053507 |
work_keys_str_mv | AT ginenakarim foundationsofshariahgovernanceofislamicbanks AT hamidazhar foundationsofshariahgovernanceofislamicbanks |