Table 4 Review of internal Sharīʿah... | Emerald Publishing

Table 4

Review of internal Sharīʿah audit plan for the selected Islamic banks

	Bank 1	Bank 2
Annual plan	Found (Sharīʿah plan 2013, 2012)	Found Not detailed plan (Sharīʿah supervisor’s annual plan 2004) Detailed plan (Sharīʿah supervisor’s annual plan 2015)
Annual plan scope	Murabahah and investment transactions (Sharīʿah plan 2013, 2012)	Not detailed scope (Sharīʿah supervisor’s annual plan 2004). Detailed scope (Sharīʿah supervisor’s annual plan 2015)
Annual plan objectives	Not found (Sharīʿah audit plan 2013, 2012)	Found Not detailed objectives (Sharīʿah supervisor’s annual plan 2004) Detailed objectives (Sharīʿah supervisor’s annual plan 2015)
Frequency of audit	Not found	Twice a year (Sharīʿah supervisor’s annual plan 2004) Varied (Sharīʿah supervisor’s annual plan 2015)
Resources required	Not found (Sharīʿah plan 2013, 2012)	Not found (Sharīʿah supervisor’s annual plan 2004) (Sharīʿah supervisor’s annual plan 2015)

	Bank 1	Bank 2
Annual plan	Found (Sharīʿah plan 2013, 2012)	Found Not detailed plan (Sharīʿah supervisor’s annual plan 2004) Detailed plan (Sharīʿah supervisor’s annual plan 2015)
Annual plan scope	Murabahah and investment transactions (Sharīʿah plan 2013, 2012)	Not detailed scope (Sharīʿah supervisor’s annual plan 2004). Detailed scope (Sharīʿah supervisor’s annual plan 2015)
Annual plan objectives	Not found (Sharīʿah audit plan 2013, 2012)	Found Not detailed objectives (Sharīʿah supervisor’s annual plan 2004) Detailed objectives (Sharīʿah supervisor’s annual plan 2015)
Frequency of audit	Not found	Twice a year (Sharīʿah supervisor’s annual plan 2004) Varied (Sharīʿah supervisor’s annual plan 2015)
Resources required	Not found (Sharīʿah plan 2013, 2012)	Not found (Sharīʿah supervisor’s annual plan 2004) (Sharīʿah supervisor’s annual plan 2015)