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Prospects of Sharia Governance in Islamic Finance Industry: Jurisdictions, Standards, and Implications Wani, Athar Shahbaz; Dar, Showkat Hussain
Talaa : Journal of Islamic Finance Vol. 2 No. 1: June 2022
Publisher : Department of Sharia Financial Management, Institut Agama Islam Negeri Sultan Amai Gorontalo, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (565.151 KB) | DOI: 10.54045/talaa.v2i1.523

Abstract

The paper aims to explore the establishment, organizational setup, and relevance of the international regulatory/standard setting institutions as Sharī‘ah governance platforms primarily AAOIFI (Accounting and Auditing Organization for Islamic Finance Institutions) and IFSB (Islamic Financial Services Board). The role of IIFA (International Islamic Fiqh Academy Jeddah) IFC (Islamic Fiqh Council of Muslim World League MWL) and ISRA (International Sharī‘ah Research Academy for Islamic Finance) and supportive Shari ‘ah compliance platforms for Islamic Finance Industry (IFI) in the corporate and academic dimensions. The study is qualitative analysis of related Guiding Principles, which enshrine the Sharī‘ah governance framework (SGF) in IFI. The discussion highlights that the (SGF) is the particular aspect in the Islamic Finance Industry (IFI), which embodies the legitimacy of instruments, and generates the trust of stakeholders and shareholders in Islamic finance. The paper shows that analysis will support the understanding of Sharī‘ah governance and jurisdiction of the Islamic finance industry in the contemporary Banking and finance sector. The outcome of the predicted hypothesis will enable to suggest and modify the ongoing banking practices in Islamic corporate with strict adherence to the sharīa standards.
Scaling Gender Issues in Modern Muslim Societies Abdullah, Razia; Dar, Showkat Hussain
Journal of Modern Islamic Studies and Civilization Том 4 № 02 (2026): Journal of Modern Islamic Studies and Civilization
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/jmisc.v4i02.2226

Abstract

Gender justice has become an increasingly significant axis of inquiry within contemporary Muslim societies, where debates on women’s rights unfold at the intersection of tradition, reform, and modern statehood. This study investigates how gender inequality is produced, sustained, and scaled across legal, social, and political domains within these contexts. The paper argues that contemporary gender disparities stem not from Islamic foundational texts but from the authoritative preservation of pre-modern jurisprudential models, particularly within Personal Status Laws governing marriage, divorce, guardianship, and inheritance. These legal frameworks continue to constitute the most resilient institutional barriers to equality, with reform trajectories contingent upon political will, civil society mobilisation, and the contestation of interpretive authority. Drawing on feminist hermeneutics, reformist Islamic scholarship, and socioeconomic data, the study demonstrates that advancing gender justice requires the integration of ethical reinterpretation with legal and socio-cultural transformation. The analysis concludes that meaningful and scalable progress is attainable only through the convergence of intellectual, institutional, and grassroots efforts committed to an egalitarian rearticulation of Islamic and social norms.