This article critically evaluates the Sharīʿah regulation and supervision of the Iraqi Islamic banking system. Due to the country’s incomplete Islamic banking framework and lack of qualified Sharīʿah scholars, the Iraqi Islamic banking system is somewhat ineffective. In Iraq both the internal and external Sharīʿah supervisory systems in the Islamic banking sector are weak. The internal Sharīʿah supervisory system suffers from a shortage of qualified Islamic banking experts. At the same time, there is no effective external Sharīʿah supervisory system due to the lack of a Central Sharīʿah Board. This article examines the Sharīʿah supervisory system of the Iraqi Islamic banking industry by using case studies on Malaysia and Bahrain, both of which have a developed Islamic banking system. The Sharīʿah supervisory systems in these two countries are examined in order to propose an effective and comprehensive Sharīʿah regulatory and supervisory framework for the Iraqi Islamic banking industry.

本文对伊拉克伊斯兰银行系统对Sharīʿah的监管和监督进行了严格的评估。由于该国不完整的伊斯兰银行体系和缺乏合格的伊斯兰教学者，伊拉克的伊斯兰银行体系在一定程度上是无效的。在伊拉克，伊斯兰银行业的内部和外部伊斯兰教监督体系都很薄弱。伊斯兰教内部的监督系统缺乏合格的伊斯兰银行专家。同时，由于缺乏中央伊斯兰教委员会，没有有效的外部伊斯兰教监督系统。本文通过对马来西亚和巴林的案例研究来研究伊拉克伊斯兰银行业的Sharīsupervisorah监管系统，这两个国家都拥有发达的伊斯兰银行系统。