Financial Shariah Governance

Financial Shariah Governance refers to the framework and practices that ensure Islamic financial institutions operate in accordance with Shariah principles. It involves establishing clear policies, oversight by qualified Shariah scholars, and regular audits to prevent activities that conflict with Islamic law, such as charging interest or investing in forbidden sectors. This governance structure ensures transparency, ethical standards, and confidence among customers and stakeholders, aligning financial operations with the values of Islamic finance. Ultimately, it promotes integrity and compliance, fostering trust and stability within the Islamic financial industry.