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

Ali Danladi Yusuf; Umar Ahmad; Mohammed Shahril bin Ahmad Razimi

doi:doi:10.11648/j.ijefm.20160406.17

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

Ali Danladi Yusuf, Umar Ahmad, Mohammed Shahril bin Ahmad Razimi

Published in International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 6)

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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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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TY  - JOUR
T1  - A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud
AU  - Ali Danladi Yusuf
AU  - Umar Ahmad
AU  - Mohammed Shahril bin Ahmad Razimi
Y1  - 2016/11/11
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DO  - 10.11648/j.ijefm.20160406.17
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
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PB  - Science Publishing Group
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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

Ali Danladi Yusuf

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

Islamic Business School, College Of Business, University Utara Malaysia, Sintok, Kedah State Malaysia
Mohammed Shahril bin Ahmad Razimi

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

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Plain Text BibTeX RIS

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

Copy | Download

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

Copy | Download

@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}
}

Copy | Download

TY  - JOUR
T1  - A Conceptual Study on Islamic Corporate Governance Model in Curtailing Bank’s Fraud
AU  - Ali Danladi Yusuf
AU  - Umar Ahmad
AU  - Mohammed Shahril bin Ahmad Razimi
Y1  - 2016/11/11
PY  - 2016
N1  - https://doi.org/10.11648/j.ijefm.20160406.17
DO  - 10.11648/j.ijefm.20160406.17
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 357
EP  - 361
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20160406.17
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
IS  - 6
ER  -

Copy | Download