... are regulated by the extra scrutiny of Sharia boards in addition to the regulations imposed similarly on conventional financial institutions. (Faridah Abdul Jabbar, 2020) summarizes many views pertaining to Islamic finance and ML; however, the scope of the research is limited to Islamic financial institutions...

... is the core principle for Islamic finance regulation. Another finding is that a good ecosystem of Islamic Fintechs needs supportive regulations and policies, a Sharia Supervisory Board, and standards of Islamic Fintech Shariah governance. Research limitations/implications This study examines...

... against irregularities becomes a “dernier resort”, and it is for the protection of major global concerns, not for “little transgressions against local values”. Nowadays, Islamic finance is an alternative finance featuring a suitable financial performance. The magnitude of its success is referred...