The Sharia Supervisory Board of Islamic Banks -Reality and Aspirations-

Mokhtar Bait, Boudaoui Karim

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Published: Aug 1, 2024

Keywords:

Sharia Supervision - Islamic Banks - Supervisory Board.

Mokhtar Bait, Boudaoui Karim

Abstract

The Sharia Supervisory Board plays a crucial role in ensuring that Islamic banks comply with Islamic law. Its objectives include protecting the rights of customers, ensuring the soundness of transactions, developing Islamic banking, setting Sharia standards, and promoting awareness. The board performs both preventive and supervisory functions and faces internal and external challenges. International experiences can be leveraged to improve its operations.

Issue

Vol. 61 No. 8 (2024)

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Articles

This work is licensed under a Creative Commons Attribution 4.0 International License.

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