The statutory corporate governance in Islam witnesses Islamic financial institutions abiding by a set of rules called Islamic law or Shariah. The Shariah governs the bank’s operations and transactions in accordance with Islamic principles derived from the Quran and Hadith. It needs to be reiterated here that Shariah in Islamic banking has a crucial role not only in governing bank transactions and operations but also in monitoring and supervising the roles of all players within the banking system.
In order to respond to the growing need for capacity building in the Islamic Banking and Finance industry, LPC training offers a short training programme for professionals in the banking and finance sector.
