tailieunhanh - SHARIAH AUDIT: INDUSTRY INSIGHTS

Regarding implementation, the organization is purposeful in its communications practices, but they still tend to be concentrated in the efforts of one or two individuals rather than integrated as an important function throughout the organization. Outreach is slightly more routine, with established and written policies regarding outreach to, and collaboration with, target audiences. In terms of support and integration, the Executive Director recognizes and supports the communications function and has even received some training on it. However, communications rarely makes it into the budget as a separate line item, and when it does, it is the first. | my Shariah Audit industry insights Malaysia continues to strive towards Best Practices in the global Islamic financial services industry. In this issue we look into Malaysia s stage of development in Shariah audit a key pillar underpinning Shariah Governance. pwc Malaysia as an international Islamic Financial centre continually seeks to pursue Best Practices in Shariah Governance including Shariah audit Contents 04 Foreword 06 Shariah regulatory environment Malaysia Key milestones New Shariah Governance Framework Shariah audit approach 12 Shariah audit survey Survey background Survey insights Organisational readiness Talent pool and competencies Working practices Communication Technology 22 Moving forward 24 How PwC can help 25 Contact us 26 Useful references 2 PwC 2011 Shariah Audit industry insights

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