Publication:

Shariah non-compliant events in the Malaysian Islamic banking industry: Shariah and legal studies

Show simple item record
DC FieldValue
dc.contributor.authorAbdullaah Jalil
dc.contributor.supervisorMohamad Akram Laldin
dc.contributor.supervisorAhcene Lahsasna
dc.date.accessioned2021-03-29T08:48:41Z
dc.date.available2021-03-29T08:48:41Z
dc.date.issued2019
dc.description.abstractShariah compliance is the core of Islamic finance and it is the most significant feature for any Islamic financial institutions. It is the very objective of Islamic financial institutions in all their operations, products and affairs. With the enforcement of IFSA 2013, penalties and consequences of not following Shariah compliance can be severe. Notwithstanding all the efforts that have been taken to strengthen the Shariah compliance framework and mitigate the occurrence of Shariah non-compliance at the Malaysian Islamic banking institutions, incidences of Shariah non-compliance do still emerge and materialise. Thus, this study is an effort to examine the subject of Shariah non-compliant (SNC) events in selected Malaysian Islamic banking institutions. The researcher attempts to explore the nature and framework of SNC events in the Malaysian Islamic banking industry by giving emphasis on on the four main aspects of SNC events i.e. (i) detection, (ii) rectification, (iii) implication and (iv) cause. This research is a qualitative study in nature. Data was collected using in-depth interviews and focus group discussion. The selected interviewees and participants are individuals who are involved directly with the day-to-day Shariah non-compliance management at the Malaysian Islamic banking institutions. The first chapter dealt with the introduction to this study, covering the objectives, problem statements, research questions, motivation and significance of the study. Then, the second chapter elaborated on the main SNC elements form Islamic legal perspective as well as the development of Malaysian Islamic banking system based on the principles of Shariah compliance. The third chapter reviewed previous literature related to Shariah non-compliance in Islamic banking and finance. The fourth chapter described the methodology adopted to realise the objective of this study namely interview, focus group, triangulation and content analysis. The fifth chapter discussed the results of the interviews and focus group discussion. Then, the sixth chapter presented the main findings of this research based on its four objectives. Both chapters five and six constitute the findings of this research. The final chapter concluded the study with several implications and recommendations.en_US
dc.identifier.citationJalil, A. (2019). Shariah non-compliant events in the Malaysian Islamic banking industry: Shariah and legal studies (Doctoral dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/3360en_US
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/3360
dc.languageEnglish
dc.language.isoengen_US
dc.publisherINCEIFen_US
dc.rights2019. INCEIF
dc.sourceSGPS
dc.subjectShariah non-compliant eventsen_US
dc.subjectIslamic banking lawen_US
dc.subjectIslamic bankingen_US
dc.subjectMalaysiaen_US
dc.titleShariah non-compliant events in the Malaysian Islamic banking industry: Shariah and legal studiesen_US
dc.typePhDen_US
dlc.maintopicIslamic bankingen_US
dspace.entity.typePublication
ikr.doctypeTheses
ikr.licenseAvailable in physical copy only (Call Number: t HG 3368 A6 A136S)
ikr.topic.maintopicIslamic bankingen_US
relation.isAuthorOfPublicationaa95948c-9c36-4787-9267-3a8c9cb87e58
relation.isAuthorOfPublicationaa95948c-9c36-4787-9267-3a8c9cb87e58
Appears in Collections
PhD
Files

Abstract View

2661667

View & Download

177387