DOES THE SHARIAH BOARD STRUCTURE INFLUENCE THE FINANCIAL PERFORMANCE OF ISLAMIC BANKS?

(2018) add that the Shariah scholars prohibit the bank from certain profitable activities to avoid any violation of Islamic laws and to protect the shareholders' rights. [...]the respect of shariah principles attracts investors and improves the Islamic banks credibility (IFSB, 2009). [...]the S...

Full description

Saved in:
Bibliographic Details
Published in:Journal of the International Academy for Case Studies 2020-08, Vol.26 (6), p.1A-7A
Main Authors: Khalil, Afef, Chihi, Sabrine
Format: Article
Language:English
Subjects:
Annual reports
Audit departments
Banking industry
Banks
Corporate governance
Dependency theory
Financial performance
GDP
Gross Domestic Product
Hypotheses
Influence
Islamic financing
Islamic law
Literature reviews
Profitability
Profits
Return on assets
Stockholders
Variables
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:(2018) add that the Shariah scholars prohibit the bank from certain profitable activities to avoid any violation of Islamic laws and to protect the shareholders' rights. [...]the respect of shariah principles attracts investors and improves the Islamic banks credibility (IFSB, 2009). [...]the Shariah Board plays a critical role in confirming the development and the survival of banks (Khalil & Taktak, 2020). The busyness hypothesis, in contrast, predicts that the interlocking reduces the shariah members' time and makes them busy (Grassa & Matoussi, 2014). [...]the interlocked shariah scholars enhance the risk of fatwa shopping' and decrease the Shariah Board credibility, according to Haridan et al. [...]a Mufti should be appointed as a shariah member of the Islamic banks.
ISSN:1078-4950
1532-5822