From Bernama: The new Shariah Governance Framework for Islamic Financial Institutions 2011 introduced by Bank Negara Malaysia (BNM) last October would be a catalyst in bringing the country’s Islamic finance industry forward, says a researcher.
International Shari’ah Research Academy for Islamic Finance (ISRA) executive director Dr Mohd Akram Laldin said the framework is aimed at enhancing and strengthening the Syariah element in Islamic financial institutions and for them to attain a syariah-based operating environment……………………………………….Full Article: Source