A Legal Reassessment of the Shariah Governance Standards in Islamic Finance: In Theory and Practice

This project proposes to discuss the issue of Sharia governance for the Islamic financial industry by highlighting the shortcomings first, and then proposing two organizational models that are believed to achieve the necessary reforms to advance this industry and rid it of its most important organizational problems. It is hoped that such a project will invite for a reformation of the standards from the revered standard issuing bodies.