1. Identify the designated Shariah internal control functions under the Shariah Governance Policy Document of Bank Negara Malaysia issued in 2019 and discuss the Shariah functions of any two thereof. 

2. Evaluate using examples the practices from the other jurisdiction any two (2) factors that may contribute to weak internal control practices in an Islamic financial institution?

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Answer 1 Designated Shariah internal control functions under the Shariah Governance Policy Document ... View the full answer