Central bank regulation, religious governance and standardisation: evidence from Malaysian Islamic banks

• Main Authors: Sheikh Hassan, Ahmad Fahmi, Karbhari, Yusuf, Ahmed, Habib
• Format: Article
• Published: Inderscience Publishers 2021
• Online Access: http://psasir.upm.edu.my/id/eprint/96315/; https://www.inderscienceonline.com/doi/abs/10.1504/IJBGE.2021.112332

This study explores the modus operandi and regulatory influence of the pioneering Malaysian dual-layer governance system where, besides an Islamic bank's in-house religious board, supervision is undertaken by the country's central bank via its own Shariah Advisory Council (SAC). Data was c...