Role of corporate governance in Islamic financial institutions / Daing Maruak Sadek and Azyyati Anuar

A need for an efficient and effective governance system is very important in corporate governance, especially after the high-profile falls of many Islamic Financial Institutions (IFIs) (such as Ihlas Finance House in Turkey, the Islamic Bank of South Africa and the Islamic Investment Companies of Egypt) and the difficulties some of the others face (Dubai Islamic Bank and Bank Islam Malaysia Berhad, to name a few). Islamic institutions are no less vulnerable to crises and issues that arise from governance-related problems like other organizations.