Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia

Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia

<p>Shariah governance framework has been established by the Bank Negara of Malaysia</p><p>(BNM) to ensure an effective Shariah governance among the Islamic Financial</p><p>Institutions in Malaysia. Nevertheless, since its implemen...

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Main Author: Mohd Danial Afiq Khamar Tazilah
Format: thesis
Language:eng
Published: 2022
Subjects:
HD Industries
Land use
Labor
Online Access:https://ir.upsi.edu.my/detailsg.php?det=9489
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institution Universiti Pendidikan Sultan Idris
collection UPSI Digital Repository
language eng
topic HD Industries
Land use
Labor
spellingShingle HD Industries
Land use
Labor
Mohd Danial Afiq Khamar Tazilah
Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
description <p>Shariah governance framework has been established by the Bank Negara of Malaysia</p><p>(BNM) to ensure an effective Shariah governance among the Islamic Financial</p><p>Institutions in Malaysia. Nevertheless, since its implementation in 2010 the financial</p><p>performance of the institutions is in doubt due to financial crisis and fraudulent acts that</p><p>have been triggered worldwide. Hence, the confidence level of the shareholders and</p><p>stakeholders towards the institutions is at stake. In addition, due to the lack of</p><p>understanding of the Shariah governance requirements and unclear roles among the</p><p>shareholders shall lead to poor disclosure and Shariah non-compliant issues. Therefore,</p><p>this study is to identify the level of disclosure of Shariah governance characteristics,</p><p>examine the relationship between Board characteristics (Board size and Non-executive</p><p>directors) and the Shariah governance characteristics and disclosures (Shariah</p><p>committee, Shariah committee report, Shariah board meeting, Shariah audit, Shariah</p><p>review, and Shariah risk management) towards Islamic financial institutions</p><p>performance using return on assets and return on equity. There are 16 Islamic banks</p><p>listed in the BNM and these banks are chosen as a sample for this study for 10</p><p>consecutive years from 2010 to 2019 by reviewing the banks annual reports. It is a</p><p>longitudinal study looking at events during and after the implementation of the Shariah</p><p>Governance Framework from 2010 onwards and the results of finding are being</p><p>analysed using E-view software 10.0 version. Findings were found that the size of the</p><p>Shariah committee, Shariah committee report, Shariah committee meeting, Shariah risk</p><p>management, Board size, and non-executive directors are significantly associated with</p><p>firm performance. This study shall give impacts on the policymakers such as the</p><p>government and BNM, the functions of the board and committees of the banks, and</p><p>theoretically on the additional literature review to ensure the Shariah governance</p><p>disclosure can be further strengthened.</p>
format thesis
qualification_name
qualification_level Doctorate
author Mohd Danial Afiq Khamar Tazilah
author_facet Mohd Danial Afiq Khamar Tazilah
author_sort Mohd Danial Afiq Khamar Tazilah
title Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
title_short Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
title_full Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
title_fullStr Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
title_full_unstemmed Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia
title_sort relationship between shariah governance disclosures and islamic financial institutions performance in malaysia
granting_institution Universiti Pendidikan Sultan Idris
granting_department Fakulti Pengurusan dan Ekonomi
publishDate 2022
url https://ir.upsi.edu.my/detailsg.php?det=9489
_version_ 1783730266936705024
spelling oai:ir.upsi.edu.my:94892023-09-12 Relationship between Shariah governance disclosures and Islamic Financial Institutions performance in Malaysia 2022 Mohd Danial Afiq Khamar Tazilah HD Industries. Land use. Labor <p>Shariah governance framework has been established by the Bank Negara of Malaysia</p><p>(BNM) to ensure an effective Shariah governance among the Islamic Financial</p><p>Institutions in Malaysia. Nevertheless, since its implementation in 2010 the financial</p><p>performance of the institutions is in doubt due to financial crisis and fraudulent acts that</p><p>have been triggered worldwide. Hence, the confidence level of the shareholders and</p><p>stakeholders towards the institutions is at stake. In addition, due to the lack of</p><p>understanding of the Shariah governance requirements and unclear roles among the</p><p>shareholders shall lead to poor disclosure and Shariah non-compliant issues. Therefore,</p><p>this study is to identify the level of disclosure of Shariah governance characteristics,</p><p>examine the relationship between Board characteristics (Board size and Non-executive</p><p>directors) and the Shariah governance characteristics and disclosures (Shariah</p><p>committee, Shariah committee report, Shariah board meeting, Shariah audit, Shariah</p><p>review, and Shariah risk management) towards Islamic financial institutions</p><p>performance using return on assets and return on equity. There are 16 Islamic banks</p><p>listed in the BNM and these banks are chosen as a sample for this study for 10</p><p>consecutive years from 2010 to 2019 by reviewing the banks annual reports. It is a</p><p>longitudinal study looking at events during and after the implementation of the Shariah</p><p>Governance Framework from 2010 onwards and the results of finding are being</p><p>analysed using E-view software 10.0 version. Findings were found that the size of the</p><p>Shariah committee, Shariah committee report, Shariah committee meeting, Shariah risk</p><p>management, Board size, and non-executive directors are significantly associated with</p><p>firm performance. This study shall give impacts on the policymakers such as the</p><p>government and BNM, the functions of the board and committees of the banks, and</p><p>theoretically on the additional literature review to ensure the Shariah governance</p><p>disclosure can be further strengthened.</p> 2022 thesis https://ir.upsi.edu.my/detailsg.php?det=9489 https://ir.upsi.edu.my/detailsg.php?det=9489 text eng closedAccess Doctoral Universiti Pendidikan Sultan Idris Fakulti Pengurusan dan Ekonomi <p>Abdul Majid, M., Falahaty, M., & Jusoh, M. (2017). Performance of Islamic and Conventional Banks: A Meta-Frontier Approach. Research in International Business and Finance, 42, 13271335</p><p>Abdullah, M., Shahimi, S., & Ismail, A. G. (2011). 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