Development in legal Issues of Corporate Governance in Islamic Finance

Abstract

This paper is an attempt to present legal issues of Islamic corporate governance (ICG) in the presence of global financial crises. It presents ICG model and discusses its viability in today’s corporate structure. The model is based on institution of Hisbah which demands book keeping, disclosure, transparency based on Shariah principles of Islamic Finance Ethics.

Citation

Bhatti, M. and Bhatti, I. (2009), "Development in legal Issues of Corporate Governance in Islamic Finance", Journal of Economic and Administrative Sciences, Vol. 25 No. 1, pp. 67-91. https://doi.org/10.1108/10264116200900004