A study on the Shariah decision making processes adopted by the Shariah committee in Malaysian Islamic financial institutions

• Main Authors: Abdullah, Mohamad Asmadi, Hassan, Rusni, Omar, Muhammad Naim, Mohd Napiah, Mohammad Deen, Othman, Ahmad Azam, Arifin, Mahamad, Yusoff, Adnan
• Format: Article
• Language: English
• Published: INSI Publications 2014
• Subjects: KBP173.25 Islamic law and other disciplines or subjects
• Online Access: http://irep.iium.edu.my/38728/1/AJBAS_2014.pdf; http://irep.iium.edu.my/38728/; http://ajbasweb.com/old/online.html
• Institution: Universiti Islam Antarabangsa Malaysia

The Shariah Committee is responsible to ascertain that the banking and financial activities of the Islamic financial institution it represents, comply with the principles of Shariah. In fact, the bank has to consult with the Shariah Committee and has to adopt its advice on Shariah matters. Generally...