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- W3143204793 abstract "Given the recent developments and growth in the Islamic finance industry during the last decade, this chapter investigates the main corporate governance characteristics of Islamic financial institutions (IFIs). Corporate governance has attracted the attention of business communities around the world after the global financial crisis. However, governance in IFIs is unique, due to the complex principal_agent problems. Therefore, governance of IFIs has gained even more attention than conventional financial institutions as a result of the concept of risk-sharing born by investment account holders (IAHs). The chapter also highlights the main regulatory bodies governing IFIs in addition to the governance mechanisms in IFIs and the principles of Shari’ah governance. Finally, the chapter analyses the main findings of academic research on the fundamental differences between conventional financial institutions and IFIs, and the main challenges facing the development of the Islamic finance industry." @default.
- W3143204793 created "2021-04-13" @default.
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- W3143204793 date "2016-01-01" @default.
- W3143204793 modified "2023-09-27" @default.
- W3143204793 title "Corporate governance in Islamic financial institutions: what have we learnt?" @default.
- W3143204793 hasPublicationYear "2016" @default.
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