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for Shariah supervisory board members. It provides a critical analysis of the Shariah governance framework in Pakistan and …
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Criteria (FAPC) promulgated by State Bank of Pakistan (SBP). Second, it explores the current state of provision of Islamic … finance education in the universities and madaris (i.e., Islamic seminaries) in Pakistan. This is the unique study in a sense … experts from madaris and universities in Pakistan. Our findings reveal the following: (1) Profiles of all the Shariah board …
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Examines the roots of the principles of ethical Islamic financial transactions, which have evolved over several millennia, on issues including usury, interest rates, and financial contracting for funding enterprises, mortgages, leasing and other transactions. Regulatory and governance issues are...
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