Abstract:Providing its services in accordance with the principles of Shariah and maintaining the trust of stakeholders is essential for the existence of Islamic financial institutions. Islamic banks should be run under an integrated and regulated standard system called Shariah Governance Framework (SGF) The SBP, AAOFI and IFSB have proposed separate governance frameworks, However, the framework issued by the SBP is characterized by the fact that external Shariah audit is an important component of it which to ensure the… Show more
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