Shariah Governance Framework

A Shariah Governance Framework is a set of rules and processes that ensure financial activities and products align with Islamic principles. It involves oversight by a Shariah board of scholars who review and approve products, transactions, and policies. The framework promotes transparency, ethical conduct, and compliance, ensuring that the organization's operations adhere to Islamic laws regarding fairness, risk-sharing, and prohibition of interest or unethical practices. It helps build trust among Muslim customers and maintains the integrity of Islamic financial institutions.