LessonsIslamic Banking: Operational Mistakes and the Way ForwardQuiz

Islamic identity cannot be limited to contract documents. The institution's management style, ethics, staff conduct and general environment should also reflect Islamic values.

Worship obligations, honesty, fairness and ethical norms should be visible in an institution that claims to be Islamic. Shari‘ah boards can guide not only products but also this wider institutional culture.

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An Islamic Institution Needs an Islamic Culture

Islamic Banking: Operational Mistakes and the Way Forward

Islamic identity cannot be limited to contract documents. The institution's management style, ethics, staff conduct and general environment should also reflect Islamic values.

Worship obligations, honesty, fairness and ethical norms should be visible in an institution that claims to be Islamic. Shari‘ah boards can guide not only products but also this wider institutional culture.