IBA Centre for Excellence in Islamic Finance (IBA CEIF) is pleased to offer a two-day advance level course on Shariah Governance and Non-Compliance Risk.
This course is designed to for C-level Executives in Islamic Banks, Islamic Bank's window operations, Takaful Companies, Modarabah and Mutual Funds. The Course will provide a global view of the role of BoD (Board of Directors) in Shari'ah governance for Islamic Financial Institutions and its effect on Shari'ah compliance.
Shari'ah governance structure is needed to ensure that the operations of an Islamic Financial Institution and its nancial reporting processes adhere to Shari'ah principles. Shari'ah governance, which is also a pillar of operational risk management for mitigating Shari'ah noncompliance risk, is a vital part of corporate governance. The Course will also highlight and discuss relevant scope, scale and procedures related to the Shari'ah compliance review process and methodology.