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Safe Bank

Published: 2017-08-30

Religious supervision over Islamic financial institutions

Jacek Adamek

Abstract

The article deals with both the determinants and features of corporate governance in Islamic financial institutions. Such governance, adopts – as its base – purposes and tasks arising from the religious and socio-economic doctrines of Islam, which form elements of a system, including the one concerning Shariah governance. The purpose of the article is to evaluate the status and significance of Shariah scholars while Shariah governance, representing an important feature of Islamic finance. The discussion proves that the limited number of Shariah scholars and dominant significance of Islamic law professionals influence the pace of the Islamic finance development and leads to procedural, social or financial degenerations. Evaluations and conclusions were obtained with use of comparative and descriptive methods as well as based on case study.

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Citation rules

Adamek, J. . (2017). Religious supervision over Islamic financial institutions. Safe Bank, 67(2), 38–51. Retrieved from https://ojs.bfg.pl/index.php/bb/article/view/253

Vol. 67 No. 2 (2017)
Published: 2017-08-30


ISSN: 1429-2939
eISSN: 2544-7068
Ikona DOI 10.26354

Publisher
Bankowy Fundusz Gwarancyjny

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