Shariah Standards

Download Shariah Standards full books in PDF, epub, and Kindle. Read online Shariah Standards ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Accounting and Auditing Standards for Islamic Financial Institutions

Author : Mohd Ma'Sum Billah
Publisher : Taylor & Francis
ISBN 13 : 1000508994
Total Pages : 305 pages
Book Rating : 4.0/5 (5 download)

DOWNLOAD NOW!

Book Synopsis Accounting and Auditing Standards for Islamic Financial Institutions by : Mohd Ma'Sum Billah

Download or read book Accounting and Auditing Standards for Islamic Financial Institutions written by Mohd Ma'Sum Billah and published by Taylor & Francis. This book was released on 2021-11-29 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: While accounting and audit functions are significantly regulated and standardized in conventional financial industries and activities, through the implementation of International Accounting Standards, and International Financial Reporting Standards, as well as other international, regional, and local regulations, this is not the case for Islamic financial organizations. Rather than having their own set of comprehensive accounting or auditing standards or policies, these are based, in some cases, on the Accounting and Auditing Organization for Islamic Financial Institutions (AAIOFI), the Islamic Financial Services Board (IFSB)’s standards and Shari’ah based local policies. This book is a timely and comprehensive overview of accounting and auditing standards within the doctrine of Shari’ah. It offers a significant contribution to the field and a wealth of technical know-how. It analyzes Islamic accounting and auditing both in theory and practice and from a distinctly international perspective. The chapters are arranged in a systematic and logical way making it easily accessible and engaging. The book evaluates the existing standards and widens the scope of the discourse to include Maqasid al-Shari’ah, Islamic accounting and audit models and standards, as well as, offering practical policy recommendations. The author presents a Shari’ah justified solution to Islamic Accounting and Audit and offers guidance on overcoming the challenges to implementing Islamic Accounting and Auditing Standards. The book is a unique and exhaustive guide and, as such, will be an invaluable resource for academics, researchers, students, policymakers, as well as, practitioners in accounting and auditing firms and financial institutions.

Shariʻah Standards

Author :
Publisher :
ISBN 13 : 9786030196166
Total Pages : 1262 pages
Book Rating : 4.1/5 (961 download)

DOWNLOAD NOW!

Book Synopsis Shariʻah Standards by :

Download or read book Shariʻah Standards written by and published by . This book was released on 2015 with total page 1262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Shariah Governance in Islamic Banking Institutions

Author : Shafiullah Jan
Publisher : Taylor & Francis
ISBN 13 : 1000899349
Total Pages : 191 pages
Book Rating : 4.0/5 (8 download)

DOWNLOAD NOW!

Book Synopsis Shariah Governance in Islamic Banking Institutions by : Shafiullah Jan

Download or read book Shariah Governance in Islamic Banking Institutions written by Shafiullah Jan and published by Taylor & Francis. This book was released on 2023-07-04 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shariah governance assumes the primary instrument through which Islamic Banking Institutions (IBIs) ensure the Islamicity of their products, services, operations, and internal environments. It is considered to be one the fundamental elements that differentiates IBIs from their traditional counterparts. Shariah Governance in Islamic Banking Institutions provides a critical overview of the key aspects pertaining to Shariah governance within Islamic financial institutions and presents a detailed analysis of its conceptual background. The authors have identified the unique issues that have emerged due to the integration of Shariah, namely the involvement of the Shariah supervisory board (SSB), in the corporate governance arrangements of Islamic banks. These issues relate to disclosure, transparency, independency, consistency, confidentiality, competency, and reputation. The book details the doctrines of Shariah pronouncements in Islamic banks, the importance of having a central advisory board at a regulatory level in the standardization of Islamic banking practices, as well as the competence required for Shariah supervisory board members. It provides a critical analysis of the Shariah governance framework in Pakistan and introduces the authors’ vision of an ideal Shariah governance framework. Furthermore, the chapters offer guidance in promoting effective policies for improving Shariah governance. This is one of the core challenges facing Islamic banks, namely, to ensure compliance with faith and provide legitimacy to the business of IBIs, and as such, the book will appeal to both the research and professional communities.

Islamic Finance: Legal Frameworks, Practices and Shariah Criteria Review (UUM Press)

Author : Asmadi Mohamed Naim
Publisher : UUM Press
ISBN 13 : 9672210922
Total Pages : 204 pages
Book Rating : 4.6/5 (722 download)

DOWNLOAD NOW!

Book Synopsis Islamic Finance: Legal Frameworks, Practices and Shariah Criteria Review (UUM Press) by : Asmadi Mohamed Naim

Download or read book Islamic Finance: Legal Frameworks, Practices and Shariah Criteria Review (UUM Press) written by Asmadi Mohamed Naim and published by UUM Press. This book was released on 2020-01-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book provides comprehensive compilation on Islamic legal documents related to Islamic financial system consists of legal statutes, frameworks, guidelines, circulars and internal compliant manual covering Islamic banking, takaful and Islamic capital markets. Brief description of those documents are laid down to assist non-legal background readers in having comprehensive view of Islamic finance legal system. Few special focuses are done to Shariah screening methodologies for stocks, Islamic fund and real estate with special review on few sukuk issuances as to familiarize reader with the principle terms and conditions (PTC) of the sukuk. Islamic finance is not just a system but it is a way to achieve the spirit of Shariah i.e. maqasid Shariah in providing prosperity to the society in blessing ways avoiding all prohibited elements as stated in Islamic law.

Research in Corporate and Shari'ah Governance in the Muslim World

Author : Toseef Azid
Publisher : Emerald Group Publishing
ISBN 13 : 1789730090
Total Pages : 407 pages
Book Rating : 4.7/5 (897 download)

DOWNLOAD NOW!

Book Synopsis Research in Corporate and Shari'ah Governance in the Muslim World by : Toseef Azid

Download or read book Research in Corporate and Shari'ah Governance in the Muslim World written by Toseef Azid and published by Emerald Group Publishing. This book was released on 2019-05-20 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in Corporate and Shari'ah Governance in the Muslim World: Theory and Practice aims to address a critical disciplinary gap between Islamic theory and the practice of the corporate sector in the Muslim World. Adopting a critical approach, the book sheds light on the impact of corporate governance on the economies of the Muslim world.

A Mini Guide to Shari'ah Audit for Islamic Financial Institutions - A Primer

Author : Syed Alwi Mohamed Sultan
Publisher : CERT Publications Sdn Bhd
ISBN 13 : 9834278578
Total Pages : 166 pages
Book Rating : 4.8/5 (342 download)

DOWNLOAD NOW!

Book Synopsis A Mini Guide to Shari'ah Audit for Islamic Financial Institutions - A Primer by : Syed Alwi Mohamed Sultan

Download or read book A Mini Guide to Shari'ah Audit for Islamic Financial Institutions - A Primer written by Syed Alwi Mohamed Sultan and published by CERT Publications Sdn Bhd. This book was released on 2007 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Edinburgh Companion to Shari'ah Governance in Islamic Finance

Author : Syed Nazim Ali
Publisher : Edinburgh University Press
ISBN 13 : 1474436013
Total Pages : 480 pages
Book Rating : 4.4/5 (744 download)

DOWNLOAD NOW!

Book Synopsis Edinburgh Companion to Shari'ah Governance in Islamic Finance by : Syed Nazim Ali

Download or read book Edinburgh Companion to Shari'ah Governance in Islamic Finance written by Syed Nazim Ali and published by Edinburgh University Press. This book was released on 2020-03-18 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by a group of prominent shari'ah scholars, academics and practitioners in the field of Islamic finance, this book contains 17 in-depth case studies of shari'ah governance practices and experiences as well as critical analysis of these practices. It serves as a standalone comprehensive reference work on shari'ah governance, containing an overview of its Islamic legal foundations, its evolution and development over the years, current practices and debates on shari'ah governance standards and future prospects for shari'ah governance in the global Islamic finance market.

Financial Reporting for Islamic Financial Institutions

Author : Abdul Rauf Mahar
Publisher : Taylor & Francis
ISBN 13 : 1003837727
Total Pages : 359 pages
Book Rating : 4.0/5 (38 download)

DOWNLOAD NOW!

Book Synopsis Financial Reporting for Islamic Financial Institutions by : Abdul Rauf Mahar

Download or read book Financial Reporting for Islamic Financial Institutions written by Abdul Rauf Mahar and published by Taylor & Francis. This book was released on 2024-01-26 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream accounting rules, namely International Financial Reporting Standards (IFRS), used in conventional banking, employ financial logics and principles which are at odds with Shariah and therefore unsuitable for reporting the results of Islamic banks. The book is an effort to explain the Islamic accounting principles and practices for Islamic Financial institutions and to juxtapose them to mainstream accounting principles in a simple and practical manner. The book begins with an overview of the Islamic Finance environment, the rationale for Islamic accounting and a brief introduction of AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), the professional body responsible for the issuance of Islamic accounting standards. The main features of the AAOIFI Conceptual Framework and its comparison with IFRS framework are covered in Chapter 2. Chapters 3-9 cover the accounting treatment of the major Islamic finance products including trade-based (Murabaha, Salam and Istisna’a), rental-based (Ijarah) and risk-sharing based products (Mudarabah and Musharakah). Given the significance and complexity of Islamic bonds (Sukuk) for the Islamic finance industry, Chapter 10 discusses the basic accounting and reporting issues vis-à-vis Sukuk, leaving more complex issues for advanced texts on the topic. Zakah accounting (charity) and provisions and impairments are covered in Chapters 11 and 12. The chapters are arranged so that they start with a discussion of the product itself, followed by the AAOIFI accounting treatment and ending with the IFRS perspective. Each chapter begins with the learning objectives and a cover story and closes with a summary of the learning objectives. To facilitate the learning of readers, each chapter contains a glossary of the terms introduced as well as end of chapter multiple choice questions. In addition, each chapter includes practical insights and concept checks to enhance and test the understanding of the readers. This will be a useful guide for students, academics and practitioners concerned with the subject of financial reporting in Islamic Institutions.

Importance of Key Shariah Standards Or Laws for Emerging Markets

Author : Mohamad Akram Laldin
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (969 download)

DOWNLOAD NOW!

Book Synopsis Importance of Key Shariah Standards Or Laws for Emerging Markets by : Mohamad Akram Laldin

Download or read book Importance of Key Shariah Standards Or Laws for Emerging Markets written by Mohamad Akram Laldin and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Shariah Investment Agreement

Author : Syed Adam Alhabshi
Publisher : Walter de Gruyter GmbH & Co KG
ISBN 13 : 3110562758
Total Pages : 192 pages
Book Rating : 4.1/5 (15 download)

DOWNLOAD NOW!

Book Synopsis Shariah Investment Agreement by : Syed Adam Alhabshi

Download or read book Shariah Investment Agreement written by Syed Adam Alhabshi and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-02-08 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque Tijarah contracts for investment purposes. This has contributed to the divergence between Shariah and Common Law and caused tremendous problems and systemic legal risks to Islamic finance. The authors of Shariah Investment Agreement introduce a legal tool in the form of a Shariah Investment Agreement carefully drafted to ensure that it is Shariah-compliant and can be applied in Common Law jurisdictions as well, so as to allow for the execution of risk-sharing investment in Islamic finance. It details the building blocks and key considerations that must be noted when drafting such agreements so the investor and investee will know what to expect when entering into such a contract. Proper implementation of the Shariah Investment Agreement will pave a clear route to a harmonious convergence between Shariah and Common Law and lead to Islamic finance developing further to become a stronger, unstoppable force in the finance industry.

Educator's Manual

Author : Suhaimi Mohd Yusof
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (973 download)

DOWNLOAD NOW!

Book Synopsis Educator's Manual by : Suhaimi Mohd Yusof

Download or read book Educator's Manual written by Suhaimi Mohd Yusof and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

International Financial Reporting Standards Desk Reference

Author : Roger Hussey
Publisher : John Wiley & Sons
ISBN 13 : 047171450X
Total Pages : 398 pages
Book Rating : 4.4/5 (717 download)

DOWNLOAD NOW!

Book Synopsis International Financial Reporting Standards Desk Reference by : Roger Hussey

Download or read book International Financial Reporting Standards Desk Reference written by Roger Hussey and published by John Wiley & Sons. This book was released on 2005-04-20 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book is written by authors who clearly understand the challenges facing all who seek to understand and apply international standards. I recommend it to you." —From the Foreword by Sir David Tweedie Chair of the International Accounting Standards Board In this defining resource, authors Roger Hussey and Audra Ong have compiled everything accountants, executives, and organizations in different countries need to reach agreement on accounting rules and standards. International Financial Reporting Standards Desk Reference includes a background on how the movement toward a common language for international accounting evolved to its present state, summarizes existing standards highlighting the key issues covered, and captures those terms and phrases that are fundamental to an understanding of the common language of global business. Written to help readers fully comprehend this global language, International Financial Reporting Standards Desk Reference includes: An overview of the International Accounting Standards (IAS) and Inter-national Financial Reporting Standards (IFRS) and their impact A dictionary of words and phrases used in the international business world, with a strong emphasis on terms used by the International Accounting Standards Board History of the International Accounting Standards Board: how it was formed, its structure, and the way it operates Insights on future trends of the International Accounting Standards Board

Islamic Business Administration

Author : Minwir Al-Shammari
Publisher : Bloomsbury Publishing
ISBN 13 : 135200948X
Total Pages : 302 pages
Book Rating : 4.3/5 (52 download)

DOWNLOAD NOW!

Book Synopsis Islamic Business Administration by : Minwir Al-Shammari

Download or read book Islamic Business Administration written by Minwir Al-Shammari and published by Bloomsbury Publishing. This book was released on 2020-03-13 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essential textbook provides a comprehensive introduction to the Islamic business environment, exploring core concepts and practices in business administration from an Islamic perspective. Thorough and accessible, it covers the full range of Islamic business, including entrepreneurship, ethics, organizational culture, marketing, finance and decision making. Taking an integrated approach that aligns contemporary business practice with traditional Islamic literature, the book offers an engaging exploration of the key ways in which business activities can be organised to align with Islamic norms, rules and regulation. Developed from the teaching practice of an international range of leading scholars in the field, Islamic Business Administration includes topical case studies, practical business scenarios and comparative features, encouraging students to place their understanding of Islamic business within the wider global business context and to understand its practical implementation. This is an invaluable companion for students studying a module in Islamic business or management at undergraduate, postgraduate and MBA level. It is also suitable for students of Islamic finance or banking looking to place their learning in the wider context of Islamic business.

Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance

Author : Ahcene Lahsasna
Publisher : John Wiley & Sons
ISBN 13 : 1118796861
Total Pages : 243 pages
Book Rating : 4.1/5 (187 download)

DOWNLOAD NOW!

Book Synopsis Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance by : Ahcene Lahsasna

Download or read book Shari'ah Non-compliance Risk Management and Legal Documentations in Islamic Finance written by Ahcene Lahsasna and published by John Wiley & Sons. This book was released on 2014-04-02 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to one of the key risk management issues in the expanding field of Islamic finance For Islamic financial institutions, Sharia non-compliance is a growing and key risk that must be carefully managed. This book offers a thorough look at non-compliance risk and explains the legal documentation necessary to ensure compliance for professionals in the Islamic finance industry. In addition, the book offers helpful guidance and understanding for the legal departments of Islamic financial institutions, as well as lawyers, legal firms, Shariah advisors, Shariah officers, and students studying Islamic finance. The book covers fundamental concepts, major risk elements, tools and techniques for identifying non-compliance, legal documentation, and the impact of non-compliance, among other vital topics. Offers comprehensive coverage of the growing field of non-compliance risk management in Islamic finance Includes in-depth coverage of legal documentation Written by an expert on the topic who teaches at INCEIF, The Global University for Islamic Finance and IIUM, International Islamic University of Malaysia in Malaysia

Foundations of Shari'ah Governance of Islamic Banks

Author : Karim Ginena
Publisher : John Wiley & Sons
ISBN 13 : 1118460774
Total Pages : 402 pages
Book Rating : 4.1/5 (184 download)

DOWNLOAD NOW!

Book Synopsis Foundations of Shari'ah Governance of Islamic Banks by : Karim Ginena

Download or read book Foundations of Shari'ah Governance of Islamic Banks written by Karim Ginena and published by John Wiley & Sons. This book was released on 2015-04-06 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust sharī'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical sharī'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share.

Demystifying Shariah

Author : Sumbul Ali-Karamali
Publisher : Beacon Press
ISBN 13 : 0807038008
Total Pages : 258 pages
Book Rating : 4.8/5 (7 download)

DOWNLOAD NOW!

Book Synopsis Demystifying Shariah by : Sumbul Ali-Karamali

Download or read book Demystifying Shariah written by Sumbul Ali-Karamali and published by Beacon Press. This book was released on 2020-08-11 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: A direct counterpoint to fear mongering headlines about shariah law—a Muslim American legal expert tells the real story, eliminating stereotypes and assumptions with compassion, irony, and humor Through scare tactics and deliberate misinformation campaigns, anti-Muslim propagandists insist wrongly that shariah is a draconian and oppressive Islamic law that all Muslims must abide by. They circulate horror stories, encouraging Americans to fear the “takeover of shariah” law in America and even mounting “anti-shariah protests” . . . . with zero evidence that shariah has taken over any part of our country. (That’s because it hasn’t.) It would be almost funny if it weren’t so terrifyingly wrong—as puzzling as if Americans suddenly began protesting the Martian occupation of Earth. Demystifying Shariah explains that shariah is not one set of punitive rules or even law the way we think of law—rigid and enforceable—but religious rules and recommendations that provide Muslims with guidance in various aspects of life. Sumbul Ali-Karamali draws on scholarship and her degree in Islamic law to explain shariah in an accessible, engaging narrative style—its various meanings, how it developed, and how the shariah-based legal system operated for over a thousand years. She explains what shariah means not only in the abstract but in the daily lives of Muslims. She discusses modern calls for shariah, what they mean, and whether shariah is the law of the land anywhere in the world. She also describes the key lies and misunderstandings about shariah circulating in our public discourse, and why so many of them are nonsensical. This engaging guide is intended to introduce you to the basic principles, goals, and general development of shariah and to answer questions like: How do Muslims engage with shariah? What does shariah have to do with our Constitution? What does shariah have to do with the way the world looks like today? And why do we all—Muslims or not—need to care?

Foundations of Shari'ah Governance of Islamic Banks

Author : Karim Ginena
Publisher : John Wiley & Sons
ISBN 13 : 1118460790
Total Pages : 402 pages
Book Rating : 4.1/5 (184 download)

DOWNLOAD NOW!

Book Synopsis Foundations of Shari'ah Governance of Islamic Banks by : Karim Ginena

Download or read book Foundations of Shari'ah Governance of Islamic Banks written by Karim Ginena and published by John Wiley & Sons. This book was released on 2015-03-09 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide for robust sharī'ah governance of the Islamic banking industry Debate in the market on the extent of sharī'ah compliance of Islamic banks, their products, and activities has piqued stakeholders' interest. In Foundations of Sharī'ah Governance of Islamic Banks, Karim Ginena and Azhar Hamid explore the depths of sharī'ah governance to unravel its mysterious dimensions, and equip academics and practitioners with a solid understanding of the subject, which has become a serious challenge and thus deserves dedicated attention. The authors make a strong case for the need to contain the sharī'ah risk that Islamic banks experience, and present a compelling argument for how this should be done. Ginena and Hamid propose a robust sharī'ah governance model that comprehensively tackles thisrisk, and helps improve the extent of sharī'ah compliance of market players. The authors detail the internal, external, and institutional arrangements needed to promote responsible sharī'ah governance, and critically analyze current laws, regulations, and industry practices on the topic. The chapters of the book do the following: Examine the roots, characteristics and objectives of sharī'ah and its relation to financial dealings; Probe the role of regulators in sharī'ah governance, explore the different approaches adopted by banking supervisors, and provide examples of relevant legal and regulatory measures; Explain to bank directors and management the fiduciary duty they assume with respect to sharī'ah compliance, and detail how they could discharge this responsibility in line with best practices; Elaborate on the purpose of the Sharī'ah Supervisory Board (SSB), its responsibilities, competence criteria, internal regulations, and key governance guidelines; additionally, they explore different SSB models; Describe the internal sharī'ah control system including its six components, and examine the internal sharī'ah audit function as well as different stages of conducting a sharī'ah audit; Clarify the role of a sharī'ah auditor, with guidance on reporting lines, scope of duties, authority, and practical ways on fulfilling tasks, such as a sample sharī'ah risk assessment grid and audit checklists; Discuss the newly emerging external sharī'ah advisory firms that are expected to play a key role in the coming years and the services they provide. Through an effective treatment of each of these elements, and the way that they interact with one another, the book offers a fresh take on how robust sharī'ah governance of Islamic banks can be successfully accomplished. It is a comprehensive resource for academics, regulators, directors, lawyers, auditors, consultants, employees, and customers of Islamic banks interested in learning more about these challenges. This essential reading persuasively extends the discourse on the subject and addresses critical sharī'ah issues that have policy implications for decision makers in jurisdictions aiming to attract the fast-growing Islamic finance industry or increase their market share.