The Role of Supervision in Improving the Performance of Islamic Banks In Syria A Field Study


Abstract in English

Islamic banks face many contemporary challenges due to the international events, global transformations, and the attempt to restrict the growth and expansion of Islamic banks and its extension across the whole world, as well as errors and illegal and banking breaches that some Islamic banks has committed. This situation makes it imperative for all the stakeholders, first and foremost the Committee of Sharia in these banks, and the control exercised by central banks to Islamic and conventional banks is a paramount, and that such control has increased the efficiency of Islamic banks. It did not take into account the working conditions of these banks subject to the provisions of Islamic law (Sharia). Hence, this research is to learn how to exercise control over the Islamic banks in Syria. The researcher addressed the types of control on Islamic banks in Syria represented by the internal control and supervision of the Central Bank and the Shari'a. The researcher presented at the end of this research a set of conclusions: there are significant differences between the banking control methods imposed on Commercial and Islamic banks, as well as the existence of legal supervision of Islamic banks is necessary to ensure that the provisions of the Islamic law. Eventually, the researcher concludes a set of proposals and recommendations, including: the need to develop qualitative and quantitative methods to control the work of the Islamic banks to achieve desired control objectives in improving the performance of Islamic banks, as well as the need to allocate a separate department within the Central Bank of Syria, to carry out inspection and control of Islamic banks, while providing the Department with trained and qualified human resources on Islamic banking.

References used

AHMAD.A, Instruments of regulation and control of Islamic Banks by the Central Banks, Islamic Development Bank, Islamic Research and Training Institute, Jeddah, 2000,150
العليات، أحمد عبد العفو مصطفى. الرقابة الشرعية على أعمال المصارف الإسلامية. رسالة ماجستير غير منشورة، فلسطين، جامعة النجاح الوطنية، 2006,250
قريط، عصام. أثر رقابة البنك المركزي في الودائع والائتمان في المصارف الإسلامية بالتطبيق على بنك سورية الدولي الإسلامي. مجلة جامعة دمشق للعلوم الاقتصادية والقانونية، العدد الثالث، المجلد 27 -2011,20 المرسوم التشريعي رقم / 35 / للعام 2005 م الخاص بإحداث المصارف الإسلامية في سورية.
المرسوم التشريعي رقم / 35 / للعام 2005 م الخاص بإحداث المصارف الإسلامية في سورية.

Download