Sharī‘ah Governance and Sharī‘ah Non-Compliance Risk Management: A Maqāsid Sharī‘ah Based Appraisal

Sheikh, Rafiullah; Ayaz, Mohammad; Siddique, Muhammad Abubakar

doi:10.32350/jitc.131.19

Cited by 4 publications

(1 citation statement)

References 18 publications

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“…semakin erat (Sheikh, R., Ayaz, M., & Siddique, M. 2023;Darmansyah, 2023;Anshori, 2021) menekankan pentingnya kontribusi Bank Syariah dalam konteks ini.…”

unclassified

Kajian Stabilitas Keuangan Bank Syariah: Pendekatan Literature Review

Ananta,

Wiranatakusuma,

Aru

et al. 2024

jbhi

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Penelitian ini bertujuan untuk menganalisis karakteristik bibliometrik terkait bank syariah dengan menggunakan basis data Scopus dari tahun 2019 hingga 2023. Selain itu, penelitian ini memberikan rekomendasi terkait subjek potensial yang dapat menjadi fokus penelitian dan pengembangan lebih lanjut di masa mendatang. Melalui analisis bibliometrik terhadap 35 artikel menggunakan perangkat lunak VOSviewer, penelitian ini memungkinkan visualisasi pola, termasuk koinstalasi kata kunci. Temuan penelitian menunjukkan bahwa studi mengenai Bank Syariah masih terbatas dibandingkan dengan topik lain seperti bank Islam secara umum. Oleh karena itu, salah satu solusi yang diusulkan adalah mengembangkan jurnal khusus yang secara khusus memfokuskan pada Bank Syariah. Beberapa topik yang diidentifikasi dalam kata kunci dapat dijadikan referensi untuk penelitian mendatang, termasuk keberlanjutan peran bank syariah, stabilitas keuangan, prinsip syariah, dan kebijakan perbankan. Selain itu, penelitian ini memberikan penekanan khusus pada literatur yang mencakup Bank Syariah dalam konteks Indonesia, serta menyoroti topik potensial yang dapat menjadi fokus pembahasan dalam penelitian mendatang. Ini membuka peluang untuk penelitian lebih lanjut yang mendalam dan beragam dalam kerangka pengembangan perbankan syariah, terutama di Indonesia.

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“…semakin erat (Sheikh, R., Ayaz, M., & Siddique, M. 2023;Darmansyah, 2023;Anshori, 2021) menekankan pentingnya kontribusi Bank Syariah dalam konteks ini.…”

unclassified

Kajian Stabilitas Keuangan Bank Syariah: Pendekatan Literature Review

Ananta,

Wiranatakusuma,

Aru

et al. 2024

jbhi

View full text Add to dashboard Cite

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Shariah governance framework for Islamic banking in Pakistan: a critical review and comparison with AAOIFI

Wasim,

Zafar

2023

JIABR

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Purpose The study aims to critically review the Shariah governance framework for Islamic banking prevailing in Pakistan and provide a comparison with Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Design/methodology/approach It analyzes 16 circulars issued by the State Bank of Pakistan (SBP) since 2002, including three Shariah governance frameworks in 2014, 2015 and 2018. Additionally, the study compares the SBP and AAOIFI Shariah governance standards to evaluate the soundness of the SBP framework against international benchmarks. Findings Pakistan’s Shariah governance model is centralized, with the SBP’s Shariah board having ultimate authority. The SBP has provided a comprehensive Shariah framework, which includes among others, the criteria for the qualifications and conflict of interests of Shariah members. Both AAOIFI and SBP Shariah governance frameworks have similarities and differences in terms of the tenure of Shariah Supervisory Board (SSB) members, reporting line of SSB, number of SSB meetings, minimum experience of SSB members, primary duties of Shariah board, code of ethics and conduct for SSB and management and requirement of publication of SSB report in the annual report of Islamic banks. The frameworks differ in terms of the delegation of SSB powers, assessment and appraisal of SSB effectiveness and outsourcing of Shariah Compliance Department and Internal Shariah Audit Unit. Practical implications The study recommends expanding the qualification criteria for Shariah advisors to include additional degrees and qualifications, upholding stringent criteria for conflict of interests and promoting stakeholder consultation through exposure drafts. Originality/value To the best of the authors’ knowledge, this is the first of its kind which critically review and compare the Shariah governance framework prevailing in Pakistan.

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Shariah governance and Islamic banks: a systematic literature review

Wasim,

Zafar

2024

JIABR

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Purpose The purpose of this paper is to provide a systematic literature review on Shariah governance and Islamic banks. Design/methodology/approach The literature was searched from Scopus and Web of Science using various queries related to Shariah governance and Islamic banks. Through a screening process, 93 articles were considered fit for the systematic literature review. Findings The paper provides a systematic review based on different themes, including measurement of Shariah governance in Islamic banks, disclosure of Shariah governance and its determinants, the impact of Shariah governance on performance, risk management and other outcomes of Islamic banks. Finally, issues and challenges of Shariah governance in Islamic banks are discussed, followed by conclusions and recommendations related to future research. Originality/value This study is the first of its kind, to the authors’ knowledge, to provide a comprehensive systematic literature on Shariah governance and Islamic banks by exploring different themes and highlighting multiple future avenues of research.

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Sharī‘ah Governance and Sharī‘ah Non-Compliance Risk Management: A Maqāsid Sharī‘ah Based Appraisal

Cited by 4 publications

References 18 publications

Kajian Stabilitas Keuangan Bank Syariah: Pendekatan Literature Review

Kajian Stabilitas Keuangan Bank Syariah: Pendekatan Literature Review

Shariah governance framework for Islamic banking in Pakistan: a critical review and comparison with AAOIFI

Shariah governance and Islamic banks: a systematic literature review

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