Sharia Governance Framework

Sharia Governance Framework is a system that ensures financial institutions and organizations operate in accordance with Islamic law (Sharia). It involves creating policies, procedures, and oversight to ensure products and services comply with principles like fairness, transparency, and ethical conduct. The framework typically includes a dedicated Sharia Supervisory Board of scholars who review and approve offerings, ongoing monitoring, and internal controls. Its purpose is to maintain trust, integrity, and authenticity of Islamic financial activities, ensuring they meet the religious and ethical standards set out by Sharia.