Amiri, Anwarul Haq and Ghalia, Bouhedda and Sitiris, Miszairi and Mohammad Tahir, Sarfaraz (2025) تطوير الحوكمة الشرعية في المصارف الإسلامية في أفغانستان: دراسة تحليلية في ضوء التجربة الماليزية = Developing Shariah governance in Islamic banks in Afghanistan: an analytical study in light of the Malaysian experience. Al Hikmah International Journal of Islamic Studies and Human Sciences, 8 (1). pp. 485-524. E-ISSN 2637-0581
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Abstract
This research provides an in-depth analytical study of Sharia governance in the Islamic banking system, comparing the Afghan experience with Malaysia’s pioneering model. The study is based on a review of literature, analysis of relevant laws and regulations, and interviews with industry experts to explore how Sharia governance ensures compliance with Islamic principles and enhances financial stability. The findings highlight Malaysia’s superior framework, supported by a comprehensive legal system, the independence of Sharia boards, and the adoption of advanced operational standards, such as the Islamic Financial Services Act 2013 and the Sharia Governance Standard 2019. Conversely, the Afghan system faces challenges such as the absence of an independent Islamic banking law, a lack of qualified personnel, and insufficient Sharia compliance mechanisms. The research concludes that developing Sharia governance in Afghanistan requires fundamental reforms, including amending the Central Bank Law, strengthening the authority and independence of the Sharia Supervisory Council, and retraining banking personnel. The study also emphasizes the importance of adopting a gradual approach to transitioning the financial system into a fully Islamic model, leveraging Malaysia’s experience in establishing a legal and regulatory framework that supports sustainable economic development. It asserts that Sharia governance is not merely a tool for ensuring compliance but also a strategic mechanism for promoting transparency, accountability, and economic growth while fostering financial stability. As such, Sharia governance serves as a pivotal factor in building a robust Islamic financial system that aligns with contemporary demands
| Item Type: | Article (Journal) |
|---|---|
| Uncontrolled Keywords: | Sharia governance, independence, transparency, legal reform, gradual transition |
| Subjects: | BPH Islamic Economics BPK Islamic law. Shari'ah. Fiqh |
| Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): | Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Fiqh and Usul al-Fiqh |
| Depositing User: | Assoc. Pro Bouhedda Ghalia |
| Date Deposited: | 06 Nov 2025 17:13 |
| Last Modified: | 06 Nov 2025 17:13 |
| URI: | http://irep.iium.edu.my/id/eprint/121430 |
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