Islamic perspective of corporate governance: An introductory note

Author

Irum Saba, Institute of Business Administration (IBA), KarachiFollow

Faculty / School

School of Business Studies (SBS)

Department

Department of Finance

Was this content written or created while at IBA?

Yes

Document Type

Book Chapter

Publication Date

5-20-2019

Author Affiliation

• Dr. Irum Saba is an Associate Professor and Program Director MS-IBF

Book or Conference Proceedings Title

Research in Corporate and Shari’ah Governance in the Muslim World: Theory and Practice

ISBN/ISSN

978-1-78973-008-1

Editor(s)

Toseef Azid; Ali Abdullah Alnodel; Muhamad Azeem Qureshi

First Page

17

Last Page

26

Publisher

Emerald Publishing Limited

Place of Publication

Bingley

Keywords

Corporate Governance, Shari’ah Governance, Islamic financial institutions, Islamic financial instruments

Abstract / Description

The concept of corporate governance is not new for institutions and organizations. The topic came into light after the financial crisis and frauds done by the companies. The topic of Islamic finance also gained momentum. Islamic Financial Services Board, Accounting and Auditing Organization of Islamic Financial Institutions, regulatory authorities of Islamic financial institutions and Islamic financial institutions themselves paid attention to the topic of corporate governance. Governance have critical place in Islam as human beings are answerable to Allah (swt) for acts, deeds, and fulfillment of responsibilities as vicegerent. This chapter focuses on the importance of corporate governance and differences between the corporate governance from conventional and Islamic point of view. How the topic of governance was discussed during the time of Holy Prophet (PBUH), different examples of the countries focusing on corporate governance are shared in this chapter.

DOI

https://doi.org/10.1108/978-1-78973-007-420191002

Citation/Publisher Attribution

Saba, I. (2019), "Islamic Perspective of Corporate Governance: An Introductory Note", Azid, T., Alnodel, A.A. and Qureshi, M.A. (Ed.) Research in Corporate and Shari’ah Governance in the Muslim World: Theory and Practice, Emerald Publishing Limited, Bingley, pp. 17-26. https://doi.org/10.1108/978-1-78973-007-420191002

Recommended Citation

Saba, I. (2019). Islamic perspective of corporate governance: An introductory note. Research in Corporate and Shari’ah Governance in the Muslim World: Theory and Practice, 17-26. Retrieved from https://ir.iba.edu.pk/faculty-research-series/122

Rights Information

Copyright © 2019 Emerald Publishing Limited