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Banking, by its very nature, entails taking a wide array of risks. One such risk is reputational risk, which arises from operational failures, i.e. failures to comply with the relevant laws and regulations, or other sources.
Rusnah Muhamad
doaj +9 more sources
Retail halal control points – which control process can be applied digitally? [PDF]
This study investigates the importance and need to apply the concept of retail halal control points (RHCP) in the food industry, specifically the supermarket which operates a complex supply chain system.
Anizah ZAINUDDIN +3 more
doaj +1 more source
: Shariah compliance is the backbone of Islamic banks. As an institution established within the ambit of Shariah, Islamic banks are expected to ensure that their aims, activities, operations and management adhere to the Shariah principles and values ...
Rusni Hassan +7 more
doaj +5 more sources
BETWEEN LEGAL RISK AND SHARIA RISK IN ISLAMIC BANKING: HOW SHARIAH GOVERNANCE ADDRESS THE PROBLEM
Islamic Bank has unique risk due to its Sharia-compliance principles. Two of risksknown in Islamic Banking are legal risk and sharia risk. This paper aims to explain the legal risk and sharia risk faced by Islamic Banking in Indonesia.
Iffah Karimah
doaj +1 more source
An Evaluation of the Interest-Free Pension System Implemented in Turkey in Terms of Islamic Law
The private pension system (PPS) in Türkiye is based on the long-term investment of savings individuals make throughout their work life and results in the payment of a lump sum or salary to the person upon retirement.
Necmeddin Güney, Yusuf Erdem Gezgin
doaj +1 more source
Classification and types of risk for properties belonging to low-income and poor individuals in Malaysia [PDF]
In Islam, the presence of risk is not only acknowledged but steps need to be taken to manage it properly through the process of risk management.
Mohd Fauzi Puteri Nur Farah Naadia +1 more
doaj +1 more source
This study aims to evaluate Sharia governance infrastructure in Sharia banking in Indonesia, specifically the Sharia review phase by the Sharia Supervisory Board which was disclosed in the Sharia bank annual report.
Laili Latifah Puspitasari +1 more
doaj +1 more source
Compliance with IFRS17 Standards in Takaful Insurance: Challenges, Solutions, and Future Perspectives for Egyptian Market [PDF]
The insurance companies prepare themselves to adopt International Financial Reporting Standard (IFRS 17) insurance contracts from January 1, 2023.
Islam farid Mostafa Elsaid +1 more
doaj +1 more source
Murabahah Financing for a Small Medium Enterprise (SME)
Murhabahah is one of the most used financing modes in Islamic financial services. This case provides a detailed account of execution of murabahah financing for Small and Medium Enterprise (SME) dealing in general supplies.
Karim Ullah +2 more
doaj +1 more source
AI IN FATWA FORMULATION: TRANSFORMING SHARIA-COMPLIANT FINANCE
Fatwas play a pivotal role in Islamic jurisprudence, serving as legal instruments to ensure that financial practices align with Shariah principles.
Anita Priantina +3 more
doaj +1 more source

