The primary objective/responsibility of Sharī'ah board in corporate governance of Islamic Financial Institutions IFIs. is to:

Question

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The primary objective/responsibility of a Sharī'ah board in the corporate governance of Islamic Financial Institutions (IFIs) is to oversee compliance with Islamic law (Sharī'ah). This includes ensuring that all transactions, products, and operations of the institution comply with Sharī'ah principles. Setting overall policy and strategy, as well as electing board members, are typically responsibilities of the institution's board of directors or shareholders, not the Sharī'ah board.

The Primary Objective/responsibility of Sharī'ah Board in Corporate Governance of Islamic