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Shariah Audit and Risk Management

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Non-compliance with Shariah can have serious implications and reputational risk. According to AAOIFI and IFAS guidelines, Islamic Financial Institutions should perform a yearly Shariah audit on its products to ensure their compliance with Shariah guidelines.

 

At Ihdinaa, we have the expertise to help you with the Audit process, including below:

  • Carrying out Shariah Audit as part of External Audit team

  • Setting up Shariah Audit Department

  • Risk Identification & Management

  • Corporate Governance