The catalysts for change
Strategic priorities in governance and regulation in Islamic Finance practice
Much has been written about Islamic finance, its two digit growth, the collective experience and evolving markets in many jurisdictions, but there has been little real insight on what strategies institutions offering Islamic financial services (IIFSs) might consider to capture new business opportunities and sustain growth in this ever-growing industry
This Whitepaper presents you with practical insights, providing a perspective on the ‘catalysts for change in Islamic Finance’ that broadly discusses the emerging regulatory, governance and operational practices.
The purpose of this whitepaper is to shed light on the practice areas debated in our executive program and other related industry thought leadership programs. In particular, the emphasis is on the pain points of the industry. What progress has been made in developing good practices in areas such as governance, regulatory compliance, risk, sustainable business models, financial reporting, transparency and leadership?
Nine highlighted practice areas:
- The regulatory environment
- Corporate governance
- Risk management and internal controls
- Sharia’ compliance
- Financial reporting and transparency
- Business models optimization
- Innovations in new asset classes
- Talent development strategies