How can the SC be made more effective in their roles and functions?
| Improvement of banking knowledge | Frequency |
|---|---|
| 1. Need to have more exposure and training on banking operations | 27 |
| 2. Members of the SC should also have non-Sharīʿah banking-related expertise | 11 |
| 3. Members need to have a deeper understanding of Islamic banking | 6 |
| Engagement with BoDs and management | |
| 4. SC should have engagement with BoDs and management | 13 |
| 5. Must have a Board representation in the SC | 2 |
| 6. Must have SC representation in the Board | 2 |
| Broadening the roles of the SC | |
| 7. Should get involved in the risk management committee | 8 |
| 8. Broaden SC roles to include product innovation and financial analysis | 2 |
| Frequency | |
|---|---|
| 1. Need to have more exposure and training on banking operations | 27 |
| 2. Members of the SC should also have non-Sharīʿah banking-related expertise | 11 |
| 3. Members need to have a deeper understanding of Islamic banking | 6 |
| 4. SC should have engagement with BoDs and management | 13 |
| 5. Must have a Board representation in the SC | 2 |
| 6. Must have SC representation in the Board | 2 |
| 7. Should get involved in the risk management committee | 8 |
| 8. Broaden SC roles to include product innovation and financial analysis | 2 |
Source(s): Authors' own (Based on survey results)
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