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Mechanism for Preventing Shariah Non-Compliance (SNC)Events in Islamic Financial Institutions

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dc.contributor.authorMuhammad Ridhwan Ab. Azizen_US
dc.contributor.authorNoor Naemah Abdul Rahmanen_US
dc.date.accessioned2024-05-28T06:39:35Z
dc.date.available2024-05-28T06:39:35Z
dc.date.issued2023
dc.date.submitted2023-10-18
dc.descriptionVOL.10 NO.2(SEPTEMBER 2023) (Page : 197-208)en_US
dc.description.abstractIslamic financial institutions are fastest growing industry in all around the world. This occurred due to the need of Islamic banking and finance product among Muslim community as much as their concerns with Shariah non-compliance (SNC) event that may derive from banking and financial transaction. SNC event will raise the risk management of IFIs and have a negative influence on the IFIs' reputation among their present and future clients. Hence, this study is aimed to investigate the mechanism for preventing SNC events in Islamic financial institutions. This study employs a qualitative approach. This research achieves its objective through document analysis and interview with experts. Secondary data also gathered from sources such as journal papers and the websites of authorized authorities. General finding shows that, a sound Shariah governance and internal control mechanism are significant in overcome SNC events in Islamic financial institutions.en_US
dc.identifier.citationAb Aziz, M. R., & Abdul Rahman, N. N. (2023). Mechanism for Preventing Shariah Non-Compliance (SNC) Events in Islamic Financial Institutions. E-Jurnal Penyelidikan Dan Inovasi, 10(2), 197–208. https://doi.org/10.53840/ejpi.v10i2.124en_US
dc.identifier.doi10.53840/ejpi.v10i2.124
dc.identifier.epage208
dc.identifier.issn2289-7909
dc.identifier.issue2 (SEPT)
dc.identifier.spage197
dc.identifier.urihttps://ejpi.kuis.edu.my/index.php/ejpi/article/view/124
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/7508
dc.identifier.volume10
dc.language.isoen_USen_US
dc.publisherPenerbit UISen_US
dc.relation.ispartofe-Jurnal Penyelidikan dan Inovasi (e-JPI)en_US
dc.subjectShariah non-compliance, Islamic Financial Institutions, Islamic Financeen_US
dc.titleMechanism for Preventing Shariah Non-Compliance (SNC)Events in Islamic Financial Institutionsen_US
dc.typeArticleen_US
dspace.entity.typePublication

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