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Managing Shariah Non-Compliant Risk

 

Ensuring Shari’ah compliant aspect is imperative for Islamic financial institutions (IFIs) to maintain the confidence of stakeholders and the public at large. Inadequate attention to the whole process of Shariah-compliant aspect will trigger negative repercussions to IFIs, such as massive withdrawal and financial loss. Any income derived from Shariah non-compliant incidents cannot be recognized as IFI profit. Hence, understanding Shariah non-compliant risk management is essential to ensure Shariah-compliant. The 2 days’ course is designed to provide the participants with a comprehensive and practical understanding of managing Shariah non-compliant risk in IFIs.

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