SSB competence
| SSB competence | |||
|---|---|---|---|
| Requirements | SSB competence as a requirement | SSB should have at least three members who are qualified in Fiqh Muamalat and have experience in accounting and financing (Bank Governance Guidelines of Yemen, 2014, p. 34) | |
| Bank 1 | Bank 2 | ||
| Actual Practices | SSB | Bachelor | PhD holder |
| Educational level found | (SSB members CV) | (SSB member’s CV) | |
| SSB knowledge | Fiqh Muamalat, Awqaf, Sharīʿah and law, planning (SSB members’ CVs | Literature, Islamic finance (SSB members’ CVs) | |
| Being updated with latest fatwa and standards | No (Sharīʿah supervisory report, 2008) | -(Yes) Discuss fatwa book (No 2, 2009) (No 4, 2009) (No 7, 2009) (SSB report, 2007) | |
| SSB members’ work experience | Varied (SSB members’ CVs) | Varied (SSB members’ CVs) | |
| Requirements | Sharīʿah auditor competence as requirements | Based on the Banks Governance Guidelines of Yemen (2014) that banks should provide the internal Sharīʿah auditing department with qualified auditors | |
| Bank 1 | Bank 2 | ||
| Actual practices | Educational level | Bachelor’s (internal Sharīʿah auditor’s CV) | PhD (internal Sharīʿah auditor’s CV) |
| Knowledge | Sharīʿah and Fiqh (internal Sharīʿah auditor’s CV) | Comparative jurisprudence, Islamic studies, Sharīʿah (internal Sharīʿah auditor’s CV) | |
| Experience | Varied (internal Sharīʿah auditor’s CV) | Varied (internal Sharīʿah auditor’s CV) | |
| SSB competence | |||
|---|---|---|---|
| Requirements | SSB competence as a requirement | SSB should have at least three members who are qualified in Fiqh Muamalat and have experience in accounting and financing (Bank Governance Guidelines of Yemen, 2014, p. 34) | |
| Actual Practices | SSB | Bachelor | PhD holder |
| Educational level found | (SSB members CV) | (SSB member’s CV) | |
| SSB knowledge | Fiqh Muamalat, Awqaf, | Literature, Islamic finance (SSB members’ CVs) | |
| Being updated with latest fatwa and standards | No ( | -(Yes) Discuss fatwa book (No 2, 2009) (No 4, 2009) (No 7, 2009) (SSB report, 2007) | |
| SSB members’ work experience | Varied (SSB members’ CVs) | Varied (SSB members’ CVs) | |
| Requirements | Based on the Banks Governance Guidelines of Yemen (2014) that banks should provide the internal | ||
| Actual practices | Educational level | Bachelor’s (internal | PhD (internal |
| Knowledge | Comparative jurisprudence, Islamic studies, | ||
| Experience | Varied (internal | Varied (internal | |
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