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Halal certification of medical device in Malaysia: A shariah analysis into the compliance process and legal requirements

International Journal of Medical Toxicology & Legal Medicine, 2019
The manufacture, marketing and use of medical instrumentations and devices (‘medical device’) is a big business on a global scale-in Malaysia and elsewhere in Asia-Pacific region. Medical manufacturers of these devices in Muslim majority countries are required to address both not only ethical issue but also Halal certification of such devices.
Wan Mohd Ashraf Adlin Wan Draman   +2 more
openaire   +2 more sources

An Assessment on the Structure of Shariah Audit Function: The Case of Malaysian Takaful Industry

Journal of Islamic Finance, 2022
The Islamic financial system's beneficial expansion has resulted in a rise in the number of products and services offered by Islamic financial institutions (IFIs). However, IFIs may have neglected key factors that could have had an impact on the products
Noor Aimi   +3 more
semanticscholar   +1 more source

Risk Mapping and Shariah Compliance at BPRS Mitra Syariah Mandiri

International Journal of Economic Research and Financial Accounting (IJERFA)
This study aims to explore and analyze the complexity of internal audit implementation in Islamic financial institutions, with the main focus on the Sharia People's Financing Bank (BPRS) Mitra Syariah Mandiri.
Arman Jaya Ndruru   +9 more
semanticscholar   +1 more source

Enhancing Shariah Stock Screening Criteria: A Proposed Framework for Evaluating Shariah Compliance Degree

International Journal Of Management and Applied Research
The study aims to enhance the current Shariah stock screening methodologies by proposing a scoring mechanism that assigns a measurable Shariah Compliance Degree (SCD) to listed scripts.
Asim Hameed, Aishath Muneeza
semanticscholar   +1 more source

Practice of Pool Management Effect on Profitability: A study of Shariah Compliance and Challenges in Islamic Banking Industry

The Critical Review of Social Sciences Studies
Islamic banking is covering the major part of Islamic finance. To ensure banking on Islamic laws there are some methods and contracts purposed by shariah.
Muhammad Hammad, S. Zaman
semanticscholar   +1 more source

Development of a comprehensive sustainability performance index for takaful operators: integrating Maqasid Al-Shariah and stakeholder perspectives

International Journal of Islamic and Middle Eastern Finance and Management
Purpose This study aims to develop a comprehensive sustainability performance index tailored for Takaful operators. It integrates Maqasid Al-Shariah’s principles with key stakeholders’ expectations, ensuring a holistic evaluation of sustainability ...
Fahru Azwa Mohd Zain   +3 more
semanticscholar   +1 more source

Shariah Risk Exposure in Takaful Company Investments in Malaysia

International journal of research and innovation in social science
Takaful Company is one of the Islamic financial institutions licensed as Sharia-compliant financial institutions by Bank Negara Malaysia (BNM). The main areas of risk management in takaful are sharia compliance, investment management, and human resources.
M. Yusof   +4 more
semanticscholar   +1 more source

Communicating Shariah and Regulatory Frames for AI-Powered Halal Auditing

Al-i’lam - Journal of Contemporary Islamic Communication and Media
The integration of Artificial Intelligence (AI) is perceived as a communication agent in identifying Shariah and regulatory aspects of halal audit in Malaysia.
Aimi Aisyah Abu Bakar   +2 more
semanticscholar   +1 more source

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