The Sharī'ah system of governance was introduced to replace the corporate governance of conventional financial institutions.

Question

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Sharī'ah governance is a system based on Islamic law (Sharī'ah) and is primarily applied in Islamic financial institutions to ensure that all operations and investments comply with Islamic principles. It was not introduced to replace the corporate governance of conventional financial institutions, but rather to provide an alternative that aligns with Islamic values.

The Sharī'ah System of Governance Was Introduced to Replace the Corporate