| Description |
1 online resource (xiii, 338 pages) |
| Contents |
Title; Copyright; Foreword; Acknowledgments; About the Author; Introduction; Chapter 1: Fundamental Concept of Sharī̀ah and Sharī̀ah Non-Compliance Risk; 1.0. Introduction; 1.1. Concept of Sharī̀ah; 1.2. Compliance in the Islamic Financial Institutions: An Overview; 1.3. Concept of Risk; 1.4. The Concept of Sharī̀ah Non-Compliance Risk; 1.5. Review of the Concept of Sharī̀ah Non-Compliance Risk; 1.6. Features of Sharī̀ah Non-Compliance Risk; 1.7. Sharī̀ah Non-Compliance Risk Events; 1.8. The Sharī̀ah Basis for Sharī̀ah Compliance |
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Chapter 2: Sharī̀ah Compliance in IFSA 2013 and Classification of Sharī̀ah Non-Compliance Risk2.0. Introduction; 2.1. Provisions Unique to Islamic Banks in IFSA; 2.2. Sharī̀ah Compliance in IFSA 2013; 2.3. Classification of Sharī̀ah Non-Compliance Risk; Chapter 3: The Major Risk Elements of Sharī̀ah Non-Compliance Risk and Its Causes in Islamic Finance Operations; 3.0. Introduction; 3.1. The Major Risk Elements of Sharī̀ah Non-Compliance Risk; 3.2. The Causes of Sharī̀ah Non-Compliance Risk in Islamic Finance Operations |
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Chapter 4: Tools and Techniques to Identify Incongruence in Sharī̀ah Compliance4.0. Introduction; 4.1. Tools; 4.2. Techniques; Chapter 5: Understanding the Sharī̀ah Requirements for Mitigating the Sharī̀ah Non-Compliance Risk in Islamic Finance; 5.0. Introduction; 5.1. The Fundamental Islamic Principles in Islamic Contracts; 5.2. The Fundamental Islamic Financial Transactions Used in Islamic Finance; Chapter 6: Lines of Defences for Sharī̀ah Non-Compliance Risk Management; 6.0. Introduction; 6.1. The First Line of Defence: Product Owner |
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6.2. The Second Line of Defence: Management of the IFI6.3. The Third Line of Defence: Sharī̀ah Risk Management; 6.4. The Fourth Line of Defence: Sharī̀ah Management; 6.5. The Fifth Line of Defence: Sharī̀ah Committee/Board; 6.6. The Sixth Line of Defence: Board of Directors; 6.7. The Seventh Line of Defence: Sharī̀ah Advisory Council (SAC), Bank Negara Malaysia (BNM)/Authorities; 6.8. The Eighth Line of Defence: Sharī̀ah Review; 6.9. The Ninth Line of Defence: Sharī̀ah Audit; 6.10. The Tenth Line of Defence: Public; Chapter 7: Sharī̀ah Non-Compliance Reporting; 7.0. Introduction |
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7.1. Objective7.2. Applicability; 7.3. Legal Provisions; 7.4. Reporting Requirements; 7.5. Reported as Potential Sharī̀ah Non-Compliance Event; 7.6. Submission of Reports on Actual Sharī̀ah Non-Compliance Events; 7.7. Timeline for Actual Sharī̀ah Non-Compliance Reporting; 7.8. Potential Sharī̀ah Non-Compliance Event; 7.9. Timeline for Potential Sharī̀ah Non-Compliance Reporting; 7.10. No Sharī̀ah Non-Compliance Event Is Detected; 7.11. Process Flow for Authentication or Confirmation of Sharī̀ah Non-Compliance in the IFIS; Chapter 8: Legal Documentations in Islamic Finance |
| Summary |
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 studen |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (Wiley, viewed April 7, 2014) |
| Subject |
Banks and banking -- Islamic countries.
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Finance -- Islamic countries
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BUSINESS & ECONOMICS -- Industrial Management.
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BUSINESS & ECONOMICS -- Management.
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BUSINESS & ECONOMICS -- Management Science.
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BUSINESS & ECONOMICS -- Organizational Behavior.
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Banks and banking
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Finance
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Islamic countries
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| Form |
Electronic book
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| ISBN |
9781118809181 |
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1118809181 |
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9781118796863 |
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1118796861 |
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9781118796849 |
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1118796845 |
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1306373719 |
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9781306373715 |
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1118796802 |
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9781118796801 |
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