Indonesia Conference Directory


<< Back

Competency of internal shariah auditors and Rahmatan lil Alamin principle: An insight from Indonesia
Bassem Ismail, Hamidah

UNAIR


Abstract

Abstract: Islamic banks in Indonesia has impressive growing remarkably since the last economic crisis in 2008, Indonesia noticed an increasing demand for Islamic banks (IBs) services in society contain majority musilms clients who share same believes and Islamic creed. Whilst the necessity for highly trained and knowledgeable manpower in the Islamic financial institutions (IFIs) is ingrained, the main confrontation is certainly incompatible of Shariah knowledge between what is desired by IFIs and what is actually available in the industry. Thus, this article argues for a competency framework for internal Sharaih auditors (ISA) in Indonesia. Recent research has revealed that the competency for ISA were still sophisticated and not even throughout is a need for it. Also recent research has been showed that shariah auditors are either trained in Sharaih or auditing knowledge. In fact there is an insistent necessity to outline competency requirements which will include the Training, Qualifications, Skills, Education, Experience, and knowledge (TQSEEK),these requirements to maintain Sharaih assurance and compliance through supply sufficient Shariah auditors in order to meet the market demand. This paper proposes a new TQSEEK framework as a foundation for competency ISA based on Sharaih Rahmatan lil alamin principle (RLAP) that may boost their effectiveness and practices propulsion in Indonesian Islamic banks (IIBs) services and products.

Keywords: : Training, Qualifications, Skills, Education, Experience, and knowledge, internal Shariah auditors, competency

Topic: Islamic Accounting/Auditing

Link: https://ifory.id/abstract/dQYXT8BJve2g

Conference: THE 4th ANNUAL ISLAMIC FINANCE CONFERENCE (AIFC 2019)

Plain Format | Corresponding Author (Bassem Mohammad Ismail)

Featured Events

<< Swipe >>
<< Swipe >>

Embed Logo

If your conference is listed in our system, please put our logo somewhere in your website. Simply copy-paste the HTML code below to your website (ask your web admin):

<a target="_blank" href="https://ifory.id"><img src="https://ifory.id/ifory.png" title="Ifory - Indonesia Conference Directory" width="150" height="" border="0"></a>

Site Stats