Special Standards of Corporate Governance of Islamic Banks and their Application on Islamic Banks in Qatar
المعايير الخاصة بحوكمة المصارف الإسلامية: دراسة تطبيقية على المصارف الإسلامية القطرية
DOI:
https://doi.org/10.31436/ijfus.v4i1.166Keywords:
Governance, Islamic Banks, Standards of Corporate Governance, Special Requirements of Corporate Governance for Islamic Banks, Central Qatar BankAbstract
The aim of this study is to discuss the specific requirements for the corporate governance of Islamic banks by clarifying the concept of corporate governance and its legislative and historical framework. It also discusses the most prominent supervisory authorities in the world and Islamic world, which issue standards for corporate governance. Then it discusses the additional requirements of the corporate governance in regulatory and supervisory authorities in Qatar. It also focuses on analysis of the Qatar Islamic banks’ capacity to apply the standards of corporate governance. The researchers use the inductive method for collecting information related to the study, and descriptive and analytical methods to analyze the corporate governance reports of Islamic banks of Qatar and compare them with the additional requirements for the corporate governance of Islamic banks mentioned in the guidelines of Central Qatar Bank. It will also highlight the applications of these guidelines in Islamic banks of Qatar. The study concludes that Qatar Islamic banks are implementing the additional requirements for Islamic banking corporate governance.
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