Purpose

The purpose of this study is to explore the practices of Shariah governance (SG) systems in terms of their guidelines, current operational procedures, internbal policies and structures and regulatory framework of Islamic banks in Bangladesh from the viewpoints of Shariah, Tawhidic approach/ontological approach and Shuratic process of Islamic corporate governance and institutional theory.

Design/methodology/approach

A semi-structured interview tactic has been applied to attain the objective. Overall, data has been collected from the regulators, Shariah supervisory board members, Shariah department executives and experts from the central bank and Islamic banks of Bangladesh.

Findings

The study finds that Islamic banks do not follow complete Shariah principles in all aspects of SG nor violate them fully in their overall functions due to less accountability, which contradicts the concept of the Tawhidi epistemological process of Islamic corporate governance. Islamic banks announce that they are following Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) guidelines, but in practice, they do not follow the instructions accurately because all of the standards and policies of AAOIFI and the Islamic Financial Services Board are not applicable in Bangladesh due to its cultural, legal and regulatory structures. It is found that Islamic banks in Bangladesh have a lower practice of maqasid as-Shariah and Tawhidic approach and Shuratic process.

Research limitations/implications

The study significantly contributed to the central bank of Bangladesh and Islamic banks by exploring the SG systems for their further enhancement. The research provides some suggestions for improving existing SG systems and enhancing more application of SG guidelines and Shariah principles in the overall operations of the Islamic banks in Bangladesh.

Originality/value

This research extends the literature regarding the Islamic banks’ SG practices in Bangladesh. The study also contributes to Shariah, Tawhidic approach/ontological approach and Shuratic process of Islamic corporate governance and institutional theory by exploring the Islamic banks’ existing SG practices in Bangladesh.

中文翻译：

---

孟加拉国伊斯兰银行伊斯兰教法治理体系的实践

目的

本研究的目的是从伊斯兰教法、Tawhidic 方法/本体论方法的角度探讨伊斯兰教法治理 (SG) 系统在孟加拉国伊斯兰银行的指导方针、当前操作程序、内部政策和结构以及监管框架方面的实践。伊斯兰公司治理和制度理论的舒拉蒂过程。

设计/方法/方法

已应用半结构化面试策略来实现目标。总体而言，数据是从监管机构、伊斯兰教法监督委员会成员、伊斯兰教法部门高管以及孟加拉国中央银行和伊斯兰银行的专家那里收集的。

发现

研究发现，由于责任较少，伊斯兰银行在 SG 的所有方面都没有遵循完整的伊斯兰教法原则，也没有在其整体职能上完全违反这些原则，这与伊斯兰公司治理的 Tawhidi 认识论过程的概念相矛盾。伊斯兰银行宣布他们遵循伊斯兰金融机构会计和审计组织 (AAOIFI) 的指导方针，但在实践中，他们没有准确地遵循这些指示，因为 AAOIFI 和伊斯兰金融服务委员会的所有标准和政策都不适用于孟加拉国由于其文化、法律和监管结构。研究发现，孟加拉国的伊斯兰银行对伊斯兰教法和塔希德教法以及舒拉教过程的实践较低。

研究限制/影响

该研究通过探索 SG 系统以进一步增强它们，为孟加拉国中央银行和伊斯兰银行做出了重大贡献。该研究提供了一些建议，以改进现有的 SG 系统，并在孟加拉国伊斯兰银行的整体运营中加强 SG 指导方针和伊斯兰教法原则的更多应用。

原创性/价值

本研究扩展了有关伊斯兰银行在孟加拉国的 SG 实践的文献。该研究还通过探索伊斯兰银行在孟加拉国现有的 SG 实践，为伊斯兰教法、Tawhidic 方法/本体论方法和伊斯兰公司治理和制度理论的舒拉特过程做出了贡献。