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ISRA & ISRA Consulting
Shariah Governance for Islamic Finance a Global Perspective
21 Aug 2020 - 21 Aug 2020
03:00 pm - 04:00 pm
Islamic finance institutions (IFIs) are required to have a Shariah Governance Framework (SGF) in order to strengthen the Shariah compliance mechanism within IFIs and ensure that all relevant IFI regulations comply with Shariah rules and principles. According to the Islamic Financial Services Board (IFSB), SGF is defined as a set of organizational arrangements through which Islamic financial institutions ensure effective oversight, responsibility and accountability of the board of directors, management and Shariah committee.
The SGF serves as a guide towards ensuring an operating environment that is compliant with Shariah principles at all times. The implementation of the Shariah governance will further promote stakeholder confidence, as well as the integrity of the Islamic financial industry, by reducing Shariah non-compliance risks. Therefore, ensuring Shariah compliance and strengthening the foundation of Shariah governance are paramount to maintaining the confidence of Islamic banking stakeholders.

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Contact Shaira Yusoff at if you need more information on the webinar.
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