Aligned with its advocacy for strengthening the governance of Islamic finance, the Malaysian Institute of Accountants (MIA) has published a White Paper on Shariah Audit in collaboration with Universiti Sains Islam Malaysia (USIM).

Given that Shariah regulations and compliance are a competitive edge in growing and capitalising on Islamic markets, it is imperative to ensure consistent Shariah compliance for the issuance of Islamic finance services and products, particularly through the adequate implementation of Shariah governance structures and Shariah audit practices.

The White Paper was launched at the recent Audit Committee Conference 2023 jointly organised by the MIA and Institute of Internal Auditors Malaysia.

The White Paper is available for download at https://mia.org.my/wp-content/uploads...

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