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Introduction to Fatwa, Shari’ah Supervision & Governance in Islamic Finance 978-983-44836-3-0 200/70

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ISBN: 978-983-44836-3-0 | Page: 570 | Size: 6in x 9in | HardcoverRM200/USD70

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“I foresee that the book will be very useful not only for now but for a longer period in the future, as Islamic banking continues to play much bigger role as a most viable alternative to conventional banking, as it has proven in the East Asian Financial Crisis in 1997-98 and the current world economic and financial turmoil that started since 2007.”

Prof. Datuk Dr. Syed Othman AlhabshiChief Academic Officer, International Centre for Education in Islamic Finance (INCEIF)

This book aims to provide a sound foundation of knowledge in fatwa and Shari’ah governance in Islamic Finance. This foundation is coupled with very important aspects of Islamic jurisprudence, legal maxims, and Islamic law of contracts.

The objective of this book:• To provide a clear understanding of the concept of fatwa and Shari’ah governance pertaining to business and finance. • To give an overview on the major issues pertaining to fatwa and Shari’ah governance.• To understand the process of fatwa and its Shari’ah framework in Islamic finance.• To understand the function of mufti/Shari’ah advisory in issuing fatwa and resolutions in the area of Islamic finance.• To provide comprehensive knowledge on the fundamentals required in fatwa in Islamic finance such as Islamic jurisprudence, hukm Shari’ and theory of contract in Islamic commercial law.• To expose readers to different fatawa and resolutions issued by relevant Shari’ah authorities in Islamic finance.• To understand fatwa in Islamic finance as one of the important corporate governance and appreciate its gravity in Islamic finance.

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