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A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud

Received: 18 October 2016     Accepted: 31 October 2016     Published: 11 November 2016
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Abstract

The paper intends to discuss the concepts, framework, structure of fraud, and its two contending theories i.e. Fraud Triangle Theory and Fraud Diamond Theory. The paper also intends to analyse the concept of Islamic corporate governance, its theories and the popular theory of Shariah Enterprise Theory (S.E.T), which if properly implemented and giving a sound attention, the issue of fraud in Islamic banks will be a thing of the past. After the extend literature review this paper proposed model as re-examined by some scholars, to see whether the model is viable in today’s multi-faith, and multi-cultural society of 21th century and the likely challenges it might face.

Published in International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 6)
DOI 10.11648/j.ijefm.20160406.17
Page(s) 357-361
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

Fraud, Fraud Triangle Theory, Fraud Diamond Theory, Corporate Governance, Islamic Corporate Governance, Shariah Enterprise Theory

References
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Cite This Article
  • APA Style

    Ali Danladi Yusuf, Umar Ahmad, Mohammed Shahril bin Ahmad Razimi. (2016). A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud. International Journal of Economics, Finance and Management Sciences, 4(6), 357-361. https://doi.org/10.11648/j.ijefm.20160406.17

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    ACS Style

    Ali Danladi Yusuf; Umar Ahmad; Mohammed Shahril bin Ahmad Razimi. A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud. Int. J. Econ. Finance Manag. Sci. 2016, 4(6), 357-361. doi: 10.11648/j.ijefm.20160406.17

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    AMA Style

    Ali Danladi Yusuf, Umar Ahmad, Mohammed Shahril bin Ahmad Razimi. A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud. Int J Econ Finance Manag Sci. 2016;4(6):357-361. doi: 10.11648/j.ijefm.20160406.17

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  • @article{10.11648/j.ijefm.20160406.17,
      author = {Ali Danladi Yusuf and Umar Ahmad and Mohammed Shahril bin Ahmad Razimi},
      title = {A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {4},
      number = {6},
      pages = {357-361},
      doi = {10.11648/j.ijefm.20160406.17},
      url = {https://doi.org/10.11648/j.ijefm.20160406.17},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20160406.17},
      abstract = {The paper intends to discuss the concepts, framework, structure of fraud, and its two contending theories i.e. Fraud Triangle Theory and Fraud Diamond Theory. The paper also intends to analyse the concept of Islamic corporate governance, its theories and the popular theory of Shariah Enterprise Theory (S.E.T), which if properly implemented and giving a sound attention, the issue of fraud in Islamic banks will be a thing of the past. After the extend literature review this paper proposed model as re-examined by some scholars, to see whether the model is viable in today’s multi-faith, and multi-cultural society of 21th century and the likely challenges it might face.},
     year = {2016}
    }
    

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    AU  - Ali Danladi Yusuf
    AU  - Umar Ahmad
    AU  - Mohammed Shahril bin Ahmad Razimi
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    JF  - International Journal of Economics, Finance and Management Sciences
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    AB  - The paper intends to discuss the concepts, framework, structure of fraud, and its two contending theories i.e. Fraud Triangle Theory and Fraud Diamond Theory. The paper also intends to analyse the concept of Islamic corporate governance, its theories and the popular theory of Shariah Enterprise Theory (S.E.T), which if properly implemented and giving a sound attention, the issue of fraud in Islamic banks will be a thing of the past. After the extend literature review this paper proposed model as re-examined by some scholars, to see whether the model is viable in today’s multi-faith, and multi-cultural society of 21th century and the likely challenges it might face.
    VL  - 4
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Author Information
  • Islamic Business School, College Of Business, University Utara Malaysia, Sintok, Kedah State Malaysia

  • Islamic Business School, College Of Business, University Utara Malaysia, Sintok, Kedah State Malaysia

  • Islamic Business School, College Of Business, University Utara Malaysia, Sintok, Kedah State Malaysia

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