The roles of the Shariah committee in the implementation of value-based intermediation
As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles and impact of Islamic banking institutions toward providing positive and sust...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
REDmoney Group
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/69326/ http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf |
| _version_ | 1848787097238896640 |
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| author | Hassan, Rusni Hasan, Aznan Itam@Ismail, Muhammad Issyam |
| author_facet | Hassan, Rusni Hasan, Aznan Itam@Ismail, Muhammad Issyam |
| author_sort | Hassan, Rusni |
| building | IIUM Repository |
| collection | Online Access |
| description | As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia
issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles
and impact of Islamic banking institutions toward providing positive and sustainable values to the economy,
community and environment.
Islamic banking institutions are
expected to take proactive action in
adopting the VBI initiatives in their
operation and business activities.
The Shariah committ ee plays a vital
role in ensuring that the directions
taken by Islamic banking institutions
in adopting the VBI initiatives are
consistent with Shariah principles. The
implementation of VBI will be a good
platform for the Shariah committ ee to
play its role in leading Islamic banking
institutions toward achieving the
objectives of Shariah in Islamic fi nance. |
| first_indexed | 2025-11-14T17:19:31Z |
| format | Article |
| id | iium-69326 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:19:31Z |
| publishDate | 2018 |
| publisher | REDmoney Group |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-693262019-01-18T02:16:06Z http://irep.iium.edu.my/69326/ The roles of the Shariah committee in the implementation of value-based intermediation Hassan, Rusni Hasan, Aznan Itam@Ismail, Muhammad Issyam HG3368 Islamic Banking and Finance As part of the eff ort to stimulate new growth in Malaysia’s Islamic fi nance industry, Bank Negara Malaysia issued the Strategy Paper on Value-Based Intermediation (VBI) which provides strategies to strengthen the roles and impact of Islamic banking institutions toward providing positive and sustainable values to the economy, community and environment. Islamic banking institutions are expected to take proactive action in adopting the VBI initiatives in their operation and business activities. The Shariah committ ee plays a vital role in ensuring that the directions taken by Islamic banking institutions in adopting the VBI initiatives are consistent with Shariah principles. The implementation of VBI will be a good platform for the Shariah committ ee to play its role in leading Islamic banking institutions toward achieving the objectives of Shariah in Islamic fi nance. REDmoney Group 2018-10-10 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf Hassan, Rusni and Hasan, Aznan and Itam@Ismail, Muhammad Issyam (2018) The roles of the Shariah committee in the implementation of value-based intermediation. Islamic Finance News, 15 (41). pp. 25-26. https://www.islamicfinancenews.com/newsletter-issue/volume15-issue41 |
| spellingShingle | HG3368 Islamic Banking and Finance Hassan, Rusni Hasan, Aznan Itam@Ismail, Muhammad Issyam The roles of the Shariah committee in the implementation of value-based intermediation |
| title | The roles of the Shariah committee in the implementation of value-based intermediation |
| title_full | The roles of the Shariah committee in the implementation of value-based intermediation |
| title_fullStr | The roles of the Shariah committee in the implementation of value-based intermediation |
| title_full_unstemmed | The roles of the Shariah committee in the implementation of value-based intermediation |
| title_short | The roles of the Shariah committee in the implementation of value-based intermediation |
| title_sort | roles of the shariah committee in the implementation of value-based intermediation |
| topic | HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/69326/ http://irep.iium.edu.my/69326/ http://irep.iium.edu.my/69326/1/IFN%20News-The%20Role%20of%20SC%20in%20VBI.pdf |