Shariah Audit framework: A case study of UAE Noor Takaful operations - Ismail Onagun, Abdussalam
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There is still a perception that Shari ah experts generally have not undergone any robust and transparent tests or professional examinations on their credibility and integrity as normally undertaken by other finance professionals such as economists, accountants and bankers who are regulated by their respective professional bodies and bound by specific professional ethics. Certainly, Accounting and Auditing Organization for Islamic Financial Institutions has put in place qualified professional Shariah auditors by offering professional qualifications in Accounting, Auditing and advisory for…mehr

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Produktbeschreibung
There is still a perception that Shari ah experts generally have not undergone any robust and transparent tests or professional examinations on their credibility and integrity as normally undertaken by other finance professionals such as economists, accountants and bankers who are regulated by their respective professional bodies and bound by specific professional ethics. Certainly, Accounting and Auditing Organization for Islamic Financial Institutions has put in place qualified professional Shariah auditors by offering professional qualifications in Accounting, Auditing and advisory for Institutions offering only Islamic financial services. This book attempts to explain the significant of internal Shari ah audit for verifying that Shari ah compliance has been satisfied, during which any incident of non-compliance will be recorded and reported, and rectified. What are the Shariah auditable areas in the Takaful undertakings. Finally, the book examined the experience of Noor Takaful operator in auditing and adapting Shariah auditable areas in both its General and Family businesses.
Autorenporträt
Dr. Abdussalam is a professor of Islamic Economics and finance. He holds doctorate degree from International Islamic University Malaysia (2005) in Shar¿iah law. He is currently Head of Shariah services at ICIE, Co-Founder of Halalchain Technologies, and Adjunct Professor in Hamdan bin Muhammed Smart University, Dubai UAE.