by Ahmad Saiful Azlin Puteh Salin*a, Nurul ‘Ain Shaharb and Anuar Nawawi b

Universiti Teknologi MARA Perak Branch Tapah Campus, Malaysia; Universiti Teknologi MARA Shah Alam, Malaysia

Full Text:

Abstract :  This paper intends to examine the extent of the Shari’a corporate governance disclosure compliance in the annual report of Islamic Financial Institutions (IFIs) in Malaysia. All sixteen IFIs in Malaysia were selected and their corporate governance disclosure in the annual reports was analysed. The assessment instrument was constructed from prior literatures. The instrument comprises of 127 items, divided into 14 distinct dimensions. This study found that majority of the IFIs in Malaysia just moderately disclosed the information regarding the Shari’a corporate governance. This study, however, was conducted for one year period only i.e. 2013. In future, a larger number of companies with more years of data analysis should be obtained for more accurate and robust results.

Keywords: Islamic financial institutions, Islamic governance, corporate governance, Malaysia, Sharia’ compliance

Updated:: 11/04/2022 [syazmer]