The practices of risk-based internal shariah auditing within Malaysian takaful operators: a multiple case study

• Main Authors: Mohamad Puad, Noor Aimi, Shafii, Zurina, Abdullah, Nurdianawati Irwani
• Format: Article
• Language: English
• Published: Human Resource Management Academic Research Society (www.hrmars.com) 2020
• Subjects: HD61 Risk Management; HG8719 Islamic Insurance Takaful
• Online Access: http://irep.iium.edu.my/84409/1/84409_the-practices-of-risk-based-internal-shariah.pdf; http://irep.iium.edu.my/84409/; https://hrmars.com/papers/detail/IJARBSS/7396; http://dx.doi.org/10.6007/IJARBSS/v10-i7/7396

Shariah audit functions within Islamic Financial Institutions were imposed by Bank Negara Malaysia (BNM) with the issuance of Shariah Governance Framework in 2010. During the early stages of the implementation, the approach for this shariah audit function was only focused on shariah compliance. Afte...