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Shari’ah Governance Applicable to Islamic Banks in Malaysia: Effect of Islamic Financial Services Act 2013

The Developing Role of Islamic Banking and Finance: From Local to Global Perspectives

ISBN: 978-1-78350-817-4, eISBN: 978-1-78350-818-1

ISSN: 1569-3759

Publication date: 25 August 2014

Abstract

Originality/Value

Islamic Financial Services Act 2013 is a new statute that repealed Islamic Banking Act 1983. As such, not many have reviewed this new piece of legislation. This chapter will give insight into the evolution of Shari’ah governance as part of corporate governance of Islamic banks in Malaysia and will help explain the most recent developments in this arena along with the challenges.

Keywords

Citation

Muneeza, A. (2014), " Shari’ah Governance Applicable to Islamic Banks in Malaysia: Effect of Islamic Financial Services Act 2013", The Developing Role of Islamic Banking and Finance: From Local to Global Perspectives (Contemporary Studies in Economic and Financial Analysis, Vol. 95), Emerald Group Publishing Limited, Bingley, pp. 31-44. https://doi.org/10.1108/S1569-3759(2014)0000095010

Publisher

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Emerald Group Publishing Limited

Copyright © 2014 Emerald Group Publishing Limited