About this ebook
An in-depth and insightful study of Shari'ah governance from a theoretical and practical perspective. Shari'ah governance has a profound influence on the day-to-day practice of Islamic Financial Institutions (IFIs) and each jurisdiction has adopted a different approach to developing a governance framework. Hasan Zulkifli reviews these pluralistic approaches and identifies best practice. With examples, case studies and practical discussions based on IFIs in Malaysia, the GCC countries of Bahrain, UAE, Qatar, Kuwait and Saudi Arabia and the UK. Topics covered include; 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 improved
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About the author
Zulkifli Hasan is a Senior Lecturer in the Faculty of Shari'ah and Law, at the Islamic Science University of Malaysia. He has also worked extensively in the Islamic finance industry as an advocate and solicitor - as in-house counsel for Bank Muamalat Malaysia Berhad, and as a member of the Rules and Regulations Working Committee for the Association of Islamic Banking Institutions, Malaysia. He has published articles in numerous publications including Journal of International Banking Law and Regulation, Global Islamic Finance Magazine, Review of Business Research and Shari'ah Law Reports
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