Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya
Purpose: The present research will offer a theoretical framework discussing the concept of internal Shariah audit quality and identifying the factors that affect it. The study aims to examine these elements and their relationship with the internal Shariah audit quality in Islamic banking in Libya....
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| Format: | Article |
| Language: | English |
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CSRC Publishing
2024-12-01
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| Series: | Journal of Business and Social Review in Emerging Economies |
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| Online Access: | https://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/3154 |
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| author | Adel K. Alghamati S. M. Ferdous Azam Ali Khatibi |
| author_facet | Adel K. Alghamati S. M. Ferdous Azam Ali Khatibi |
| author_sort | Adel K. Alghamati |
| collection | DOAJ |
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Purpose: The present research will offer a theoretical framework discussing the concept of internal Shariah audit quality and identifying the factors that affect it. The study aims to examine these elements and their relationship with the internal Shariah audit quality in Islamic banking in Libya.
Design/Methodology/ This study will employ qualitative research methods, gathering data through interviews with employees of Libyan Islamic banks using semi-structured questions, grounded theory, and thematic analysis. This study aims to generate in-depth insights into audit quality and develop a theoretical framework to enhance the quality of internal Shariah audits.
Findings: The findings provide a deep understanding of audit quality and contribute to an empirical framework for the quality of internal Shariah audits. The author expects that several factors may influence the quality of an internal Shariah audit, including the auditor's competency, independence, and level of compliance with Shariah standards for Islamic banks and internal audits. Including the Shariah audit report and certain policies relating to Libyan Islamic banks. Despite the crucial significance of internal Shariah audit quality in maintaining a Shariah-compliant environment inside Islamic institutions. Nevertheless, the existing literature is insufficient, and inadequate research has been accomplished in this field.
Implications/Originality/Value: The study will produce novel insights and assist researchers in enhancing their understanding of the elements that affect the quality of Shariah audits in Libyan Islamic banks. Furthermore, the results of this study will significantly enhance the management of Islamic banks and regulators by revealing the elements that affect the quality of internal Shariah audit.
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| format | Article |
| id | doaj-art-7316e525a7cf4fbbb963a9f2b359efa8 |
| institution | OA Journals |
| issn | 2519-089X 2519-0326 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | CSRC Publishing |
| record_format | Article |
| series | Journal of Business and Social Review in Emerging Economies |
| spelling | doaj-art-7316e525a7cf4fbbb963a9f2b359efa82025-08-20T02:35:00ZengCSRC PublishingJournal of Business and Social Review in Emerging Economies2519-089X2519-03262024-12-0110410.26710/jbsee.v10i4.3154Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in LibyaAdel K. Alghamati0S. M. Ferdous Azam1Ali Khatibi2Management and Science University, MalaysiaManagement and Science University, Malaysia Management and Science University, Malaysia Purpose: The present research will offer a theoretical framework discussing the concept of internal Shariah audit quality and identifying the factors that affect it. The study aims to examine these elements and their relationship with the internal Shariah audit quality in Islamic banking in Libya. Design/Methodology/ This study will employ qualitative research methods, gathering data through interviews with employees of Libyan Islamic banks using semi-structured questions, grounded theory, and thematic analysis. This study aims to generate in-depth insights into audit quality and develop a theoretical framework to enhance the quality of internal Shariah audits. Findings: The findings provide a deep understanding of audit quality and contribute to an empirical framework for the quality of internal Shariah audits. The author expects that several factors may influence the quality of an internal Shariah audit, including the auditor's competency, independence, and level of compliance with Shariah standards for Islamic banks and internal audits. Including the Shariah audit report and certain policies relating to Libyan Islamic banks. Despite the crucial significance of internal Shariah audit quality in maintaining a Shariah-compliant environment inside Islamic institutions. Nevertheless, the existing literature is insufficient, and inadequate research has been accomplished in this field. Implications/Originality/Value: The study will produce novel insights and assist researchers in enhancing their understanding of the elements that affect the quality of Shariah audits in Libyan Islamic banks. Furthermore, the results of this study will significantly enhance the management of Islamic banks and regulators by revealing the elements that affect the quality of internal Shariah audit. https://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/3154Internal Shariah Audit QualityShariah ComplianceShariah GovernanceIslamic Financial InstitutionsIslamic Banks |
| spellingShingle | Adel K. Alghamati S. M. Ferdous Azam Ali Khatibi Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya Journal of Business and Social Review in Emerging Economies Internal Shariah Audit Quality Shariah Compliance Shariah Governance Islamic Financial Institutions Islamic Banks |
| title | Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya |
| title_full | Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya |
| title_fullStr | Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya |
| title_full_unstemmed | Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya |
| title_short | Determine the Factors Affecting the Quality of Internal Shariah Audits: A Review Paper on Islamic Banking in Libya |
| title_sort | determine the factors affecting the quality of internal shariah audits a review paper on islamic banking in libya |
| topic | Internal Shariah Audit Quality Shariah Compliance Shariah Governance Islamic Financial Institutions Islamic Banks |
| url | https://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/3154 |
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