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

Authors

  • Asmaa Ali Muhyiddin al-Quradaghi Lawyer, Asmaa alQuradaghi Advocate and Legal Consultant, Qatar
  • Arif Ali Arif Prof., Department of Fiqh & Usul al-Fiqh, International Islamic University Malaysia
  • Aznan Hasan Assoc. Professor, Institute of Islamic Banking and Finance, International Islamic University Malaysia
  • Abdullah Ali Ahmad alMulahi Phd Student, International Islamic University Malaysia

Keywords:

Governance, Islamic Banks, Standards of Corporate Governance, Special Requirements of Corporate Governance for Islamic Banks, Central Qatar Bank

Abstract

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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Published

31-01-2020

How to Cite

al-Quradaghi, A. A. M., Ali Arif, A., Hasan, A., & alMulahi, A. A. A. (2020). 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. International Journal of Fiqh and Usul Al-Fiqh Studies, 4(1), 6–22. Retrieved from https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/article/view/166

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Section

Arabic Articles

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