CORPORATE GOVERNANCE IN ISLAMIC FINANCE - Structures and Processes for Ensuring Fiqh Compliance

For an Islamic financial institution to survive and grow, it is essential that all stakeholders adopt a corporate governance approach to increase their trust in the institution. An effective corporate governance is necessary for an Islamic financial institution to manage the risk of non-compliance with Fiqh principles and rules, to grow in a healthy way, and to properly protect the interests of all stakeholders. In this context, an important part of corporate governance in Islamic financial institutions is an effective "Fiqh Compliance Management System" aimed at ensuring the compliance of activities with fiqh principles and rules. This book explains the Fiqh Compliance Management System in Islamic financial institutions in detail within the framework of literature and international standards, and the approaches of countries to the subject. it reflects in the context of legal regulations and reveals the situation of Turkey compared to other countries.