Corporate Governance In Pakistan Islamic Financial Institution Maintaining Moral & Challenges.
Author(s)
Faizan Rashid Goraya , Shama Noreen , Fawad Rehan ,
Download Full PDF Pages: 40-49 | Views: 331 | Downloads: 91 | DOI: 10.5281/zenodo.3466457
Abstract
Corporate Governance is considered necessary for the organization effectiveness. In this study the experience of establishing Corporate Governance framework and its practical presence is examined. Six individual who have knowledge about phenomena were selected for interview. By using Moustakas Transcendental Phenomenological method, several themes are used which provide information of phenomena. These themes are Corporate Governance framework: Tawheed, Shariah, Sharia supervisory board; morals: transparency, accountability, proper disclosure, and social welfare; challenges: lack of knowledge and growth stage. The framework of Corporate Governance model of International Financial Institutions based on Islamic rules and the level of transparency, proper disclosure was satisfactory and International Financial Institutions are in growth stage.
Keywords
Corporate Governance framework, Islamic finance, Morals and Challenges, Tawheed, Shariah
References
- Mr. Faizan Rashid is a student of Finance at University of Gujrat. He can be contacted, Phone: 0092- 346-6222858. Email: mfrgoraya@gmail.com
- Mr. Shama Noreen is a student of Finance at Quaid e Azam University, Islamabad. She can be contacted, Phone: 0092-333-8263368.