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TABLE OF CONTENTS - Bank Negara Malaysia

TABLE OF CONTENTS PART 1: 1. 2. 3. Scope of 4. Legal 5. Effective Date & Compliance 6. PART 2: SHARIAH governance SECTION I: General Requirements of the Shariah governance - 9 SECTION II: Oversight, Accountability & - 14 SECTION III: - 16 SECTION IV: - 18 SECTION V: Confidentiality & - 21 SECTION VI: Shariah Compliance & Research (i) Shariah - 23 (ii) Shariah - 25 (iii) Shariah Risk - 26 (iv) Shariah - 27 Appendix 1: List of Related Appendix 2: Fit & Proper Criteria (person) of the Shariah - 32 Appendix 3: Shariah Committee s Appendix 4: Duties, Responsibilities & Accountability of the Shariah - 35 Appendix 5: Operation Procedures for the Shariah - 37 Appendix 6: Secretariat of the Shariah Advisory Council (SAC)..38 Appendix 7: Product Development - 40 Appendix 8: Application Form of the Shariah - 48 BNM/RH/GL_012_3 Islamic Banking and Takaful Department Shariah governance framework for Islamic Financial Institutions Page 1/48 PART 1: OVERVIEW 1.

BNM/RH/GL_012_3 Islamic Banking and Takaful Department Shariah Governance Framework for Islamic Financial Institutions Page 1/48 PART 1: OVERVIEW 1. Introduction

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